NSE Security Intervention – Farooq Oreagba’s Rejoinder




Having served the Nigerian Stock Exchange meritoriously as General Manager, Strategy and Business Development for almost five years, I resigned on the 26th of August 2010. My resignation was accepted by the Nigerian Stock Exchange via a letter dated 26th August, 2010.


Following my resignation, I agreed with the interim administrator and followed this up with a confirmatory email to the head of HR that I will return to my office between Friday the 27th and Tuesday the 31st of August 2010 to remove all my personal effects and equipment.


I went to my office as agreed on the 31st to remove my belongings and equipment and I was asked to verify what I was going to remove after which the matter assumed an unnecessary and complicated dimension.


The police were thereafter invited and after being thoroughly manhandled and following various searches – absolutely nothing untoward and incriminating was found and I was eventually left alone.


I remain steadfast in my conviction that the NSE is a great institution for the benefit of all Nigerians, and more important than any individual to which we all owe a duty to maintain its integrity. This continues to guide my actions, in spite of the little misunderstanding that ensued.


Farooq Adedayo Oreagba






Ex NSE GM, Farooq Oreagba Arrested 


Farooq Oreagba Resignation



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