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NATIONAL COUNCIL COMMITTEES

The Committees of the National Council were formed for the speedy and efficient functioning of the National Council. Below is an overview of the remit of the Committees and their current membership composition. ​​​

Audit & Risk
 Management Committee

The Committee is charged with duties relating to financial reporting, internal controls and risk management systems, whistle blowing and fraud and internal and external audit. ​

Committee Members
​Mr. A.B. Mahmoud, SAN, OON (Legal Practitioner)
Mr. Oluwole Abegunde (Dealing Member, Economist)
Mr. Dunama Balami (Dealing Member, Financial Market Analyst)
Mr. Oladipo Aina (Dealing Member, Economist)



Demutualization Committee (Ad-Hoc)
The Committee is assigned the function of reviewing and examining the present structure of The Exchange and in that context, examining the legal, regulatory, financial, and legacy issues involved in the demutualization of The Exchange.

Committee Members
Mr. A. B. Mahmoud, SAN,OON (Legal Practitioner), Chairperson
Mr. Oscar N. Onyema, OON (CEO, NSE) 
Mr. Abimbola Ogunbanjo (Legal Practitioner),
Mr. Kayode Falowo(Dealing Member, Investment Banker)
Alhaji Umaru Kwairanga(Dealing Member, Financial Market Analyst)
Mr. Oladipo Aina (Dealing Member, Economist)



Disciplinary Committee
The Committee is empowered to hear and adjudicate upon disciplinary matters brought before it in respect of Dealing Members and exercise the disciplinary powers of the Council as set forth in the Rules Governing Dealing Members.

Committee Members
Mr. A.B. Mahmoud, SAN, OON (Legal Practitioner), Chairperson
Engr. Muhammad Daggash (Technocrat, Engineering)
Mr. Oluwole Abegunde (Dealing Member, Economist)
Mr. Dunama Balami (Dealing Member, Financial Market Analyst)
Mr. Kayode Falowo(Dealing Member, Investment Banker)
Mr. Oladipo Aina (Dealing Member, Economist)



Governance & Remuneration Committee
The Committee is charged with ensuring that The Exchange complies with good corporate governance policies and practices. The Committee also provides oversight functions over The Exchange’s human resource policies.

Committee Members
Mr. Abimbola Ogunbanjo (Legal Practitioner), Chairperson
Engr. Muhammad Daggash (Technocrat, Engineering)
Mr. Michael Osime (Dealing Member, Investment Banker)
Mr. Kayode Falowo (Dealing Member, Investment Banker)



Rules and Adjudication Committee
The Committee is charged with the continuous review of The Exchange’s rules and regulations and provision of oversight regarding legal and regulatory issues affecting The Exchange.

Committee Members
Mr. Abimbola Ogunbanjo (Legal Practitioner), Chairperson
Mr. Oscar N. Onyema, OON (CEO, NSE) 
Mr. Michael Osime (Dealing Member, Investment Banker)
Alhaji Umaru Kwairanga (Dealing Member, Financial Market Analyst)


Technical Committee 
The Committee is charged with reviewing The Exchange’s technology development, strategic opportunities and plans, and technology operations including security and business continuity measures. The Committee also assists the Council in the execution of its information management risk responsibilities.

Committee Members
Engr. Muhammad Daggash (Technocrat, Engineering),  Chairperson
Mr. Oscar N. Onyema, OON (CEO, NSE) 
Mr. Oluwole Abegunde (Dealing Member, Economist)
Mr. Dunama Balami (Dealing Member, Financial Market Analyst)​
Mr. Oladipo Aina (Dealing Member, Economist)



 

Quotations Committee of the National Council
The Committee is responsible for granting quotations on The Exchange in respect of any securities and securities derivatives, determining, prescribing and/or enforcing all listing requirements and determining whether The Exchange should delist, suspend or withdraw quotations from any quoted securities. The Committee further provides market expertise and advice to the National Council of The Exchange regarding international trends, issuers, investors and other market participants and new product opportunities relating to the listings. 

Committee Members 
Mr. Aigboje Aig-Imoukhuede, CON(Banker, Legal Practitioner) Chairperson
Alh. Aliko Dangote, GCON (Industrialist)
Mr. Abimbola Ogunbanjo (Legal Practitioner)
Mr. A.B. Mahmoud, SAN, OON​ (Legal Practitioner)
Mr. Oscar N. Onyema, OON (CEO, NSE) 
​Mr. Michael Osime (Dealing Member, Investment Banker)
Mr. Dunama Balami (Dealing Member, Financial Market Analyst)
Mr. Kayode Falowo (Dealing Member, Investment Banker)​
Alhaji Umaru Kwairanga (Dealing Member, Financial Market Analyst)​


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