“…The progenitor of what is today known as the Nigerian Exchange Group (NGX), formerly Nigerian Stock Exchange was the Lagos Stock Exchange, which was founded on September 15, 1960, but began official operations on the 25th of August 1961 with 19 Securities listed for Trading (Nwosu et al, 2021). The operations were initially conducted inside the Central Bank building in Lagos Island with four firms as market dealers, namely Inlaks, John Holt, C.T Browning, and Investment Company of Nigeria (ICON).…”