The Nigerian Exchange is a member of the World Federation of Exchanges (FIBV). It is also an observer at meetings of International Organization of Securities Commissions (IOSCO), and a foundation member of the African Stock Exchanges Association (ASEA). On 31 October 2013, it joined the United Nation's Sustainable Stock Exchanges (SSE) initiative .  The NSE is regulated by the Securities and Exchange Commission, which has the mandate of Surveillance over the exchange to forestall breaches of market rules and to deter and detect unfair manipulations and trading practices. The exchange has an automated trading System. Data on listed companies' performances are published daily, weekly, monthly, quarterly and annually.
Ever wonder why every so often you will see a middle-aged Nigerian woman who has a face the skin color of Beyoncé, but hands resembling the color of Wesley Snipes? Well, fade cream is the answer. Many Nigerians idolize those of lighter complexion, often referred to as half casts. In every Nigerian food store, there is a section of cosmetics that is made up entirely of fade/bleach creams, lotions, and soaps. While the Anglos are paying big bucks to get tanned skin, Nigerians are paying big bucks to become “whiter” …ironic? What these Nigerian women fail to realize, however, is that they were also born with arms, legs, hands and feet that are surprisingly the same color as their face. So, just some advice for all you naija women (and feel free to pass this on), if you’re going to bleach, do so wisely. Buy an extra bottle or two and chemically damage the rest of your skin as well…hey, be fair (no pun intended).