* Market stakeholders raise eyebrows over non-release of probe panel’s report * Why ex-acting SEC DG was demoted – Finance Minister The ongoing saga between Oando Plc, the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) has caught yet another leader of the commission in its fangs. Speaking with our correspondent at […]
Infrastructure development in the nation is taking progressive steps in the right direction, as another corporate, Viathan Funding PLC, taps the debt capital markets for funding targeted at this development. The listing of the Viathan Funding PLC Series 1 ₦10.00bn 16.00% 10-year Senior Guaranteed Fixed Rate Bond under its ₦50.00bn Bond Issuance Programme, on FMDQ […]
The Acting Director General of the Securities and Exchange Commission (SEC) Dr. Abdul Zubair has restated his commitment to workers welfare in order to ensure peace and harmony in the organization. Zubair said this when he received executive members of the Association of Senior Civil Servants of Nigeria (ASCSN) led by its Secretary General Comrade […]
….pledges support to association The newly appointed acting Director General of the Securities and Exchange Commission, Dr. Abdul Zubair has lauded the Capital Market Correspondents Association of Nigeria (CAMCAN) for its contributions to a more resilient and steadily growing capital market. Zubair, who gave the welcome address at the 2017 edition of the annual CAMCAN […]
The Securities and Exchange Commission (SEC) Capital Market Committee (CMC) has sustained effort at building a formidable market. However, the commission’s effort continues to encounter resistance thereby limiting accomplishments. The commission, through the CMC, has however laid out many good initiatives, such as review of the market laws, e-dividend registration, stoppage of cheque, e-dividend payment, […]
FBN Holdings Plc has reflected the harsh operating environment challenges in its Q3 2017 unaudited result, which showed mixed performance for the group, while the company thrives to overcome its loss position as at the end of 2016 financial year. This is coming as Babatunde Mimiko has been appointed, Executive Director, FBN General Insurance, while […]
In a small street of Ajagun Kusimi in Ijegun, and its environs, in Alimosho Local Government Area of Lagos, studies show shops are easily abandoned by their owners barely one year after commencing businesses. Some identified micro businesses that have closed shops in this small neighborhood, which is a sub-urb of Lagos, cut across, fashion […]
31st December 2017 represents an important date in Nigerian capital market. The date has been fixed by the Securities and Exchange Commission (SEC) as deadline for free –dividend mandate registration and also deadline for multiple account regularization. Investor usually buy shares in the capital market either from the primary market or the secondary, market, it […]
The Nigerian Stock Exchange (NSE) has appointed Mr. Haruna Jalo Waziri as the substantive Chief Executive Officer of the Central Securities Clearing System (CSCS). Waziri will be taking over from Mr. Bola Adeeko, who has been piloting the affairs of the settlement system house in the last couple of months, as acting Chief Executive Officer. […]