Last Updated: April 2026

Applies to: www.networkcapitalltd.com and all content published by Network Capital Limited through digital channels.

1. Regulatory Status

Network Capital Limited (RC: 949815) is registered and regulated by the Securities and Exchange Commission of Nigeria and holds a Trading License from the Nigerian Exchange Limited. We are a Participating Institution of the NASD OTC Securities Exchange. Our registered office is at 13 Maitama Sule Street, Southwest Ikoyi, Lagos, Nigeria.

This Disclaimer should be read alongside our Terms of Use, Privacy Policy, Cookie Policy, and Best Execution Policy, all of which are available on the website.

 

2. No Investment Advice

Network Capital Limited operates as an execution-only stockbroker. Nothing on this website, in our research publications, market commentary, data displays, or any other digital content constitutes personalised investment advice, a personal recommendation, or an offer to buy or sell any security.

Any market data, stock prices, charts, research notes, sector reports, economic commentary, company profiles, or analytical tools provided on this website are for informational and educational purposes only. They are not intended to be, and should not be construed as, investment advice.

If you require personalised advice on your financial circumstances, please consult a qualified financial adviser, or speak with our Portfolio Management team about a managed investment engagement, which operates under a separate advisory agreement.

 

3. Investment Risk Warning

Investing in securities carries risk, including the risk of losing part or all of your invested capital. The value of investments and the income derived from them can fall as well as rise. Past performance is not a reliable indicator of future results.

The following specific risks apply to instruments accessible through Network Capital Limited:

  • Equities listed on the Nigerian Exchange are subject to market risk, liquidity risk, and issuer-specific risk. Share prices can decline significantly and without warning.
  • Fixed income instruments (FGN Bonds, state bonds, corporate bonds, Sukuk) are subject to interest rate risk, credit risk, and inflation risk. Bond prices fall when interest rates rise. Government bonds, while considered lower risk, are not risk-free.
  • Exchange Traded Funds (ETFs) carry the risks of the underlying assets they track, plus tracking error and liquidity risk.
  • Foreign exchange movements can affect the value of investments denominated in currencies other than the Nigerian naira.
  • Derivatives, where available, involve leverage and can result in losses that exceed your initial investment.

You should carefully consider your financial objectives, level of experience, and risk appetite before making any investment decision. Do not invest money you cannot afford to lose.

 

4. Market Data and Research Content

Market data displayed on this website, including stock prices, index values, currency rates, and bond yields, is provided for informational purposes. End-of-day data is sourced from our internal analysis of publicly available information, including the NGX Daily Official List. Live indicative prices are displayed through embedded TradingView widgets and are subject to TradingView’s data accuracy and availability.

We make reasonable efforts to ensure the accuracy and timeliness of all data and content published on the website. However, we do not guarantee that any data, price, chart, or analytical output is accurate, complete, current, or free from error. Data transmission delays, technical failures, and human error can occur.

Research publications, daily market commentary, sector reports, and equity notes published on this website represent the views of Network Capital Limited’s research team at the time of publication. These views may change without notice. We are under no obligation to update or correct published research.

 

5. Third-Party Content and Links

This website may contain links to third-party websites, embed third-party widgets (such as TradingView for market data or Tawk.to for live chat), or reference third-party data sources (such as the Central Bank of Nigeria, National Bureau of Statistics, or Debt Management Office).

Network Capital Limited does not control, endorse, or assume responsibility for the content, accuracy, privacy practices, or availability of any third-party website or service. Your use of any third-party service is at your own risk and subject to that service’s own terms and policies.

 

6. Limitation of Liability

To the maximum extent permitted by Nigerian law, Network Capital Limited, its directors, officers, employees, agents, and affiliates shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising from or related to:

  • Your use of, or inability to use, this website or any content on it.
  • Any investment decision made in reliance on information or tools provided on this website.
  • Any errors, omissions, or inaccuracies in the data, content, or tools on this website.
  • Any interruption, suspension, or termination of the website or any part of it.
  • Any unauthorised access to or alteration of your data or transmissions.

This limitation of liability applies regardless of the legal theory on which the claim is based, whether contract, tort, negligence, strict liability, or otherwise, and whether or not we have been advised of the possibility of such damages.

 

7. Intellectual Property

All content on this website, including text, research publications, data analysis, charts, graphics, logos, and software, is the property of Network Capital Limited or its licensors and is protected by Nigerian and international intellectual property laws.

You may view, download, and print pages from the website for your own personal, non-commercial use, provided you do not remove any copyright or proprietary notices. You may not reproduce, redistribute, republish, or commercially exploit any content from this website without our prior written consent.

 

8. No Warranties

This website and all content on it are provided on an “as is” and “as available” basis. Network Capital Limited makes no representations or warranties of any kind, express or implied, regarding the operation of the website, the accuracy or completeness of any content, or the suitability of any information for a particular purpose.

 

9. Governing Law

This Disclaimer is governed by the laws of the Federal Republic of Nigeria. Any dispute arising from your use of this website shall be subject to the jurisdiction of the courts of Lagos State, Nigeria.

 

10. Contact Information

If you have questions about this Disclaimer, please contact us:

Address: 13 Maitama Sule Street, Southwest Ikoyi, Lagos, Nigeria

Phone: 0706 200 2333

Email: info@networkcapitalltd.com

 

Network Capital Limited | www.networkcapitalltd.com

Registered and regulated by the Securities and Exchange Commission, Nigeria

and a Trading License Holder of the Nigerian Exchange Limited