The Securities and Exchange Commission (SEC) has announced its exploration of blockchain technology to bolster trust and transparency within Nigeria’s capital market. Dr Emomotimi Agama, the SEC Director-General, made this known during his address at the annual conference of the…
By Matthew Denis In a bid to enhance operations of the Securities and Exchange Commission and the Nigerian capital market, the Senate of the Federal Republic of Nigeria has passed the Investments and Securities Bill 2024. The Investments and Securities…
…Issues two Eurobonds to plug 2024 budget deficit By Seun Ibiyemi Nigeria has successfully returned to the international bond market after a two-year hiatus, issuing two significant Eurobond offerings to help plug the country’s 2024 budget deficit. The Federal Republic…
The Securities and Exchange Commission on Monday, revealed that banks and other companies raised N2.7tn from the capital market in the first 11 months of 2024. It said the sum was generated through various investments, securities, and financial instruments in…
The Federal Government has called on experts from legal profession, financial and other stakeholders to work collectively to strengthen capital market regulations and the Investments and Securities Tribunal for greater effectiveness. The Minister of Finance and Coordinating Minister of the…
Shareholders of MRS Nigeria Limited have approved the voluntary delisting of the company’s shares from the Nigerian Exchange Limited (NGX). Following the delisting, the company whose market capitalisation currently stands at N46.3 billion withdrew its shares from the equities market.…
The Securities and Exchange Commission (SEC) says the digitisation of the Nigerian capital market will address issues related to unclaimed dividends, among other benefits. The Director-General of SEC, Dr Emomotimi Agama, stated this during a new conference and stakeholder engagement…
Investors in the Nigerian equities market ended the week’s trading with a N56 billion loss on Friday. This followed the dip in the share price of stocks like MULTIVERSE, RTBRISCOE, and SUNUASSUR amongst others on the trading floor today. After…
By Matthew Denis The Securities and Exchange Commission (SEC) has disclosed that the Capital Market Committee (CMC) for the first quarter of 2024 is scheduled to be held virtually on Thursday, 18TH April 2024 to discuss challenges, brainstorm ideas and…
The Chartered Institute of Stock-brokers (CIS) has signed a Memorandum of Understanding (MoU) with the Chartered Institute for Securities & Investment (CISI) of the United Kingdom aimed at enhancing the partnership between these two prominent professional bodies, ultimately benefiting the…
