The attention of Nigerian Exchange Limited (NGX) has been drawn to the activities of certain individuals and entities operating under the names or WhatsApp group named

1. “investment club,” who are fraudulently impersonating NGX by falsely claiming that Nigerian Exchange Group Plc is offering free online courses.

2. “Glorious Wealth Fund (GWF),” and a person identified as “Professor Okafor Chuka Chukwudi,” who claims to be a senior investment strategist with GWF providing guidance via a WhatsApp group named “Growth Masterclass 559 and Open Talk A228″

3. “6008 Daily stock picks”, and a person identified as “Yemi Kale” who claims to be the Chief Investment Officer at NGX Securities and made reference to the group as the “Official NGX Securities community group”.

These individuals, entities, and groups are fraudulently impersonating NGX.

We wish to categorically state that neither “Glorious Wealth Fund”, “6008 Daily Stock Picks”, “Investment Club”, “Professor Okafor Chuka Chukwudi”, nor Yemi Kale are affiliated with NGX, its subsidiaries, or any of its Trading License Holders. Any claims, communications, or representations made by these individuals or their associates, referencing any association with NGX, are false, misleading, and intended to deceive the public.

NGX remains steadfast in its commitment to transparency, integrity and the protection of investors in the Nigerian capital market. We urge the public to refrain from engaging with these individuals or entities and to report such fraudulent activities to NGX and the relevant law enforcement agencies promptly.

Official communications are only disseminated via our website, www.ngxgroup.com and our social media channels. For verification of any entity or individual claiming to represent NGX, please contact us directly via +234(700)225-5649 or email us at contactcenter@ngxgroup.com.