Thursday, April 25, 2024

NGX transitions X-FactBook to digital publication, releases 2021 edition

Uba Group

The Nigerian Exchange Limited has announced the release of the digital-only version of the 2021 edition of its annual Factbook (X-Factbook), slated for Thursday, August 26, 2021. The X-Factbook has been issued in print for 41 years.

The Chief Executive Officer, NGX, Temi Popoola, said, “At NGX, we are dedicated to developing and improving the digital experience for our stakeholders. The transformation of X-Factbook from print to digital aligns with our commitment to providing and enhancing access to quality market information.

“With the current climate where companies and individuals have transitioned to a more digitally-inclined mode of working and accessing information, it is fitting that we are introducing our first online Factbook at this time.

“We believe that X-Factbook will serve to complement other platforms for accessing information at NGX.”

On his part, the Divisional Head, Trading Business, Jude Chiemeka noted that, “In operating as a demutualised entity, we continue to prioritise the timely provision of quality market information to support the investment process.

“That is why this foremost post-demutualisation edition of X-Factbook has been made easily accessible to investors across the globe to showcase the existing and potential opportunities in the Nigerian capital market.
“We are confident that this edition of X-Factbook will be an invaluable resource to the investing community and will continue to promote investor education in our market.”

Leveraging digital technology for ease of access, X-Factbook provides investors, researchers, media and other capital market stakeholders with desired insights into the operations of the Nigerian capital market, including listed securities.

It further ensures that companies listed on NGX remain visible and that NGX remains positioned as a preferred investment destination.

The Point, gathered that the digital X-Factbook, presents a completely new way for users to conveniently access comprehensive and diverse information on the Nigerian capital market.

X-Factbook is a compendium of capital market information designed to provide investors, market analysts, researchers and the wider capital market stakeholders with information on the profiles and historical financial performance of companies listed on NGX. It also provides relevant information on trading activities on NGX and the various market participants across the investment value chain.

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