The declining trend of the Nigerian Stock Exchange (NSE) was halted on Wednesday following the announcement of new measures to stem the worrisome drop in the prices of the listed equities by the federal government, regulatory authorities and other stakeholders.

The Nigerian Stock Exchange has announced sweeping changes in an attempt to slow down price meltdown triggered by panic sell as banks start to recall loans secured by shares.

The value of listed equities of the Nigerian Stock Exchange (NSE) appreciated significantly for the second day yesterday after the announcement of new rules guiding sale of stocks by the Director-General of NSE, Prof. Ndi Okereke-Onyiuke.