The head of Shared Services Division of the NSE, Mr. Bola Adeeko, said that the glitch was resolved and market transactions continued at 1:45p.m.
Mr. Adeeko explained that a decision was taken to extend the trading hours on Monday to 3:30p.m, from the usual time of 2:30p.m due to the loss of trading time earlier in the day.
He added that the root cause of the disruption had been fully rectified.
According to Adeeko, 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,” he said.