Business a.m.

Nigerian Exchange rebrands its market indices NGX for uniformity across across platforms

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THE NIGERI AN EXCHANGE GROUP (NGX), in its quest to standardiz­e and ensure consistent expression of its brand across touchpoint­s after its successful demutualiz­ation of has rebranded all its indices with the NGX prefix to promote brand awareness and recognitio­n, the group said in a statement signed by Olumide Orojimi, head, corporate communiIN cations.

According to the statement, “Nigerian Exchange Limited is pleased to announce the rebranding of all its existing indices by changing the prefix from NSE to NGX. The transition, which is effective Monday, 28 June 2021, leverages on the new brand identity of the Exchange. There are currently nineteen (19) indices – either wholly-owned or co-branded – on NGX, servicing the investment management community along the lines of product developmen­t, benchmarki­ng.”

“Consequent­ly, the rebranding of the indices is in line with NGX’s drive to standardiz­e and ensure consistent expression of the brand across touchpoint­s.

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