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Portfolio

NG Clearing Limited

Project status: Ongoing progress
NG-CLEAR-compressed

Project Details

Sector
Services
Commencement Date
24 May 2016
Participants
NSIA
NEG Plc,
CSC System
State
Lagos

NG Clearing is positioned to serve as a market-wide clearing infrastructure positioned to clear derivatives and commodities securities executed on all trade venues in the Nigerian capital market.

NG Clearing will strengthen the country’s investment environment through solutions that systematically reduce risks, enhance operating efficiency, and minimize costs for all market participants, thereby, serving as a catalyst to national development.

PARTNERS

How the fund is invested

N/A

Project Cost / Size:

N1,059,500,000 (16.5%)

NSIA’s interest:

Equity

Funding structure

15

Investment areas

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