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…
The Director-General, Securities and Exchange Commission (SEC) has stated that the Nigerian Capital Market has the capacity and well positioned to finance Public-Private Partnership (PPP) infrastructure projects in the country. Yuguda made this remark at the 2023 Chartered Institute of…
VFD Group PLC (‘VFD Group’ or ‘the Group’), a leading proprietary investment company with investments in banking, non-banking financial institutions, market infrastructure, technology, real estate, hospitality, media, entertainment, and energy, has received shareholder approval to raise an additional N32.5 billion…
The financial services industry dominated in volume terms at the end of last week’s transactions on the equities sector of Nigeria’s capital market. It led the activity chart with 2.1 billion shares valued at n21.8 billion traded in 14,008 deals,…
