Good People, I am delighted to share that the Securities and Exchange Commission (SEC) Nigeria has granted my company Approval-in-Principle (AIP) to operate a new securities exchange in Nigeria. This is a full-service exchange (yes, “stock market” lol) designed to support public markets, private markets, and derivatives, covering instruments such as equities, corporate and government bonds, commercial papers, ETFs, and more.
Our mission is anchored on “exchanging prosperity” through the principle of “investment inclusion”, transforming idle money into productive capital that can uplift communities across the nation. Roughly ?5 trillion in circulating currency sits outside Nigeria’s banking system, largely idle and earning nothing. If we can channel even 50% of that into simple sovereign instruments, say FGN savings bonds or Treasury Bills at just 10%, that would generate about ?250 billion in returns for citizens, while also providing the government with capital to fund development.
Extend this across state bonds and other instruments, and the implication becomes clear: Nigeria is not short of money; it is under-mobilized. Contisx aspires to become part of the solution.
We have begun the countdown to launch on our website: https://contisx.com/ — targeting September 2026. We are inviting stakeholders across Nigeria to participate in this journey. How can we support your business, cooperative, or state to scale through the capital market? (The live buttons on website are not active; those will become active on launch).
I commend the leaders of our nation for the Investments and Securities Act (ISA) 2025, arguably the most consequential economic and business legislation in Nigeria since 1999. It provides the foundation upon which a new era of capital formation can be built. I am confident that the 2030s will become Nigeria’s decade of capital, and I am building with that conviction.
I also extend my appreciation to the leadership of the Securities and Exchange Commission; our Director-General, Dr. Emomotimi Agama, Commissioner Ajomale, Director Mrs. Rufai, and the entire team, for their dedication and excellence in advancing regulatory service.
Good People: “build, list, and trade on Contisx — we’re exchanging prosperity”, not just for the rise of few, but for the rise of ALL. Our flag is up in our headquarters in Owerri (regional centers in Aba, Kano, Ibadan, etc coming); we welcome you to partner with Contisx and ring the bell to prosperity.
Prof. Ndubuisi Ekekwe
Founder, Contisx Securities Exchange Plc
Build, list, and trade on Contisx
With Approval-in-Principle (AIP) from the Securities and Exchange Commission (SEC) to establish a new securities exchange (“stock market”) in Nigeria, and as we complete the remaining requirements, we are targeting a full launch by September 2026. Our team is actively working across all fronts, and soon, the careers page on contisx.com will open with opportunities for young people to join this journey.
I am also using this medium to invite companies, cooperatives, and governments seeking to raise capital. Contisx is designed to support both public and private markets, backed by experienced professionals who can guide your capital market strategy and help scale your mission.
To the Nigerian and broad African diaspora: the moment is here. The development of our continent requires your participation. Through Contisx, we are building pathways for diaspora capital to flow into communities and cities across Nigeria and Africa. We will engage with diaspora hubs globally to co-create mechanisms that enable you to drive the change you want at home. Our message is clear: Invest at Home, Thrive Globally. I confirm that we will be in Ontario in August; reach out because we want you to invest in Africa with Nigeria as the hub.
Good People: Build, list, and trade on Contisx — we’re exchanging prosperity. Not just for the rise of a few, but for the rise of all. Our flag is already flying at our headquarters in Owerri, with regional centers planned for Aba, Kano, Ibadan, and beyond. We welcome you to partner with us and ring the bell to prosperity. https://www.tekedia.com/contisx-securities-exchange-receives-aip-from-sec-nigeria/
Before I forget, would you like to ring our opening bell at Contisx? Tell us …
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