** NGX Sounds Alarm Over Unusual Share Price Swings, Warns Investors to be Cautious** The Nigerian Exchange Limited (NGX) has sounded a warning bell to investors regarding unusual share price movements in some listed companies. According to the Exchange, certain equities have experienced sharp price fluctuations in recent trading sessions, prompting it to caution investors to exercise extreme caution. This alert is coming at a time when the domestic equities market is witnessing increased activity, with investors closely monitoring price volatility across various counters. The NGX is urging investors to make informed decisions based on publicly available information, a thorough review of companies' fundamentals, risk exposure, and financial performance. Investors are advised to carry out proper due diligence before taking positions and to seek the expertise of licensed stockbrokers or investment advisers if needed. The Exchange is also reminding market participants that speculative trading driven by unverified reports or rumors is a recipe for disaster. In its efforts to maintain a fair, orderly, and transparent market, the NGX has reaffirmed its commitment to closely monitoring trading activities. The Exchange is determined to safeguard market integrity and ensure compliance with its rules. In a statement, Olufemi Shobanjo, CEO of NGX Regulation Limited, emphasized the importance of relying on reliable information and careful analysis when making investment decisions. "Investors should not be swayed by market hype or unverified reports," he said. "A careful review of companies' financial performance metrics and relevant disclosures is crucial in making informed investment decisions." As the domestic equities market continues to witness increased activity, investors are reminded to be cautious and to make informed decisions. By doing so, they can minimize their risk exposure and maximize their returns.