NGX Regulation Limited (NGX RegCo) has facilitated the recovery of more than ₦500 million for investors.
The regulatory body, a subsidiary of Nigerian Exchange Group Plc, disclosed that the recoveries followed the resolution of multiple investor complaints involving market operators.
In one of the cases, NGX RegCo secured the restitution of ₦326.85 million to an investor over an unauthorised share transaction reported in 2025, resolving the matter within a defined timeframe.
The intervention forms part of the regulator’s broader strategy to tackle legacy issues, including disputed transactions, account discrepancies and unauthorised dealings, while ensuring accountability across the market.
The agency noted that recent improvements in surveillance systems, post-trade controls and settlement processes have contributed to reducing the incidence of irregular transactions.
It added that the adoption of direct cash settlement mechanisms has further strengthened transparency and investor protection.
Olufemi Shobanjo, chief executive officer of NGX RegCo said the recoveries reflect a deliberate push to build trust in the market.
“These outcomes reflect our intentional approach to strengthening market integrity and investor protection. Beyond the recoveries, they demonstrate the effectiveness of our oversight framework,” he said.
He added that the regulator remains focused on sustaining investor confidence and supporting long-term growth through continuous improvement of its regulatory processes.
Investors affected by the disputes reportedly commended the regulator’s handling of the cases, citing professionalism, transparency and timely resolution as key factors that restored confidence in the system.



