The Securities and Exchange Commission has said that the safety of investors and their investments in the capital market is one of its cardinal objectives in rolling out its Regulatory Incubation Programme for Fintechs. This was stated by Director, Registration,…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization depreciated by 0.48 per cent to close the week at 52,214.62 and N28.431 trillion respectively. All other indices finished higher with the exception of NGX Main…
By Philemon Adedeji In line with its mandate to promote investor participation in Nigeria’s capital market, enhance secondary market, Nigerian Exchange Limited (NGX) in collaboration with Afrinvest is set to host market stakeholders to a virtual workshop on FGN Savings…
By Philemon Adedeji Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022. This endorsement was made at the…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed in red zone yesterday, the market’s weak performance was driven by losses recorded in Tier-1 banking investors which are, Zenith Bank (-2.05 per cent), Guaranty Trust Holding Company…
The Securities and Exchange Commission (SEC) has said that the capital market, which is considered the catalyst for economic growth, must be sustained by an effective and efficient dispute resolution mechanism by adjudicators who are subject matter experts to engender…
The Chartered Institute of Stockbrokers (CIS) has said it will continue to work with the Board and Management of Nigerian Exchange Limited (NGX) to build a world class securities market in Nigeria. Its President, Oluwole Adeosun made this known during…
The market capitalisation of the Nigerian Exchange Ltd. (NGX) shed N216 billion due selloffs in BUA Cement Plc and 19 others. The All Share Index declined by 396.35 points or 0.75 per cent, to close at 52,209.06 from 52, 605.78…
By Philemon Adedeji Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) has held its 10th Annual General Meeting (AGM) virtually with shareholders, regulators, company directors,…
A new commodities fund, domiciled in the agro-economic and extractive sector, the Marble Halal Commodities Fund (MHCF) has been launched as the first commodities Fund to be approved by the Securities and Exchange Commission (SEC). The new asset class was…
