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…
The Securities and Exchange Commission (SEC), has sealed the office of Ready Finance Investors Limited for engaging in illegal investment and other capital market activities. A statement issued by the Commission in Abuja, said the office located at AYA Memorial…
By Matthew Denis The Securities and Exchange Commission (SEC) is set to hold the third quarter Capital Market Committee (CMC) meeting in 2023. The meeting is scheduled to be held on Thursday at the Federal Palace Hotel in Lagos, while…
Stanbic IBTC Bank is set to exit the capital market as the holding company, Stanbic IBTC Holdings Plc made the announcement. Stanbic IBTC Holdings Company’s Secretary, Chidi Okezie in a corporate notice filed with the Nigerian Exchange Limited on Tuesday…
The Vice President of Nigeria, Senator Kashim Shettima has identified a vibrant capital market to generate funding as an alternative to borrowing from foreign lenders. The Vice President made his position known at the opening ceremony of the 3rd West…
