25.9 C
Lagos, South Africa and New York
Friday, September 18, 2020

SEC seeks automation of capital market processes to guarantee efficiency

By Ginika Okoye Abuja, July 20, 2020 The Securities and Exchange Commission (SEC), has expressed its readiness to automate capital market processes to conform to current technological trends to ensure more efficient market. The Director-General of SEC, Mr Lamido Yuguda said this at a meeting with...

Nigeria bourse upgrades its Issuers’ Portal (X-Issuer) to protect investors

The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce the upgrade of its Issuers' Portal (X-Issuer) on Monday, 06 July 2020. X-Issuer which was first launched in 2013, is a secure web-based portal designed to enable Issuers conveniently file information in an...

Nigeria’s capital market has potentials for growth and development post COVID-19 and beyond.

Mr. Lamido Yuguda, Director General of the Securities and Exchange Commission, SEC, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond. Yuguda resumed alongside the Executive Commissioners namely: Mr. Reginald Karawusa, Mr. Ibrahim...

NSE reassures investors of support with LAPO Microfinance Bank’s N6.2 billion Bond listing

The Nigerian Stock Exchange (NSE) has listed LAPO Microfinance Bank’s N6.2 billion Bond on Monday to reassure the investing public of its commitment to provide a platform for issuers to raise capital even in the toughest of times. The listing, which was disclosed by the...

NSE accepts Atedo Peterside’s resignation as Chairman of Cadbury Nigeria’s BoDs

Chairman of the Board of Directors of Cadbury Nigeria Plc, Mr. Atedo Peterside, has resigned. In a notification signed by Cadbury Nigeria’s Company Secretary, Fola Akande, and sent to the Nigerian Stock Exchange, it was announced that the resignation took effect immediately. In other words,...

Here are what investors should expect from Nigeria Capital Markets This week 29/06/2020

Equities Sentiment in the domestic bourse remained weak, as investors took profits on large-cap stocks. However, significant interest in AIRTELAFRICA (+10.0%) and NESTLE (+9.6%) in the last trading session of the week led the market to marginal gain for the week. Precisely, the All-Share Index advanced by...

FMDQ Exchange to parley stakeholders on currency exchange volatility

FMDQ Securities Exchange Limited (FMDQ Exchange) is set to host a live webinar for stakeholders of the Nigerian financial market to discuss ‘Combating Currency Exchange Volatility through Risk Management Tools.’ The webinar, which is scheduled to hold via Zoom Cloud Meetings today from 12:00...

Financial statement: NSE imposes N5.2m fine on 4 companies

THE Nigerian Stock Ex- change (NSE) has need Deap Capital Management & Trust Plc, Thomas Wyatt Plc, and two other companies N5.2 million for default fling in the year so far. The NSE said the companies fled their audited and interim financial statements after the regulatory...

Include Merging of all Stockbroking firms, in your recapitalization plan, Shareholders tell Regulators

The National Coordinator, Independent Shareholders Association of Nigeria(ISAN), Anthony Omojola, has called for the consolidation of 255 stockbroking houses in the country for better service delivery. According to Omojola, while there over 200 stockbroking firms, only 10 of them dominate transactions in the market, noting...
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Open chat
Send us your story