Nigeria's local bourse suffered a technical glitch on Monday, disrupting trading for about four hours before it was resolved.
According to the Nigerian Stock Exchange (NSE), trading on the exchange platform could not start until around 1.45 pm.
In a statement by the Head of Shared Service Division of NSE, Bola Adeeko, market transactions have been extended to 3.30 pm to make for the lost time.
"A decision was taken to extend the trading hours on Monday to 3:30 p.m, from the usual time of 2:30 p.m ...due to the disruption," Adeeko said.
He further confirmed that the root cause of the disruption has been fully rectified.
Adeeko said the NSE has a robust business continuity framework in place with processes designed to forestall and reduce the impact of such unpredictable technical glitches when they occur.
"The Bourse has a solid track record of high availability and systems resilience, whilst working with some of the cutting edge technologies required to power up a modern Exchange and will continue to work to enhance this."
0 comments:
Post a Comment