The Senate on Wednesday passed the Investment and Security repeal and re-enactment Bill, 2024. This followed the adoption of report of the Senate Committee on Capital...
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...
The value of investments in the Nigerian capital market dropped by 0.08 percent at the close of trading on Thursday. After eight hours of trading on...
The Nigerian capital market slipped back to the bear territory following the dip in equity capitalization by -0.06 percent at the close of trading on Wednesday....
First Bank Holdings Plc, Unity Bank Plc and Union Bank Plc have been fined N13.5 million by the Nigerian Exchange Limited (NGX) for failing to file...
One month after MTN International Limited conducted an initial public offering of its shares in MTN Nigeria, investors who participated in the exercise are yet to...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, said on Tuesday the Federal Government raised a total sum of N2.36 trillion from...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Generally, 2019 was a mixed bag of fortunes and setbacks for the Nigerian capital market, even though many events that shaped the Nigerian bourse were significantly...
The House of Representatives has launched investigation into unclaimed share dividends in the capital market valued at over N126.03bn. This was sequel to the adoption of...
The Securities and Exchange Commission (SEC) team deployed to Ekiti State to commence findings on some projects by the state government on Tuesday grilled the governor, Kayode...
The Securities and Exchange Commission, SEC, has said it plans to realign the 10-year Capital Market Master Plan with current economic realities. The commission also revealed...
The Federal Government is considering diversifying instruments of of the nation’s stock market through the Economic Recovery and Growth Plan. This was disclosed by the Minister...
The nation’s capital market on Monday closed in the positive as Bank stocks on the Nigerian Stock Exchange, NSE, rallied to reverse some of the losses...
The Nigerian capital market continued its positive run on Wednesday after Tuesday rebounding, as investors gained N77.5 billion at the end of trading. The market had...
The nation’s capital market witnessed a rebound on Tuesday with investors gaining N80 billion at the end of trading activities on the floor of the Nigerian...
It is barely one week to the 2019 presidential elections and as rightly predicted by financial analysts, the economy has taken the back seat for heightened...
The gaining streak the Nigerian capital market has enjoyed over some trading days was pushed back on Monday, with investors losing N102 billion. The push back...
The gains recorded on Tuesday and Wednesday at the Nigerian Stock Exchange (NSE) were reversed on Thursday as sell-offs resumed. The market capitalisation of equities listed...
Sell pressure occassioned by the fast approaching yelutide celebrations and the 2019 general elections caused the net worth of investors on the Nigerian Stock Exchange, NSE,...
The Nigerian National Petroleum Corporation (NNPC) said it has completed plans to raise money from the capital market to fund its new projects. The projects include...
After rallying net capital gain of N166 billion last week, Nigerian equities opened this week with a string of profit-taking as investors sought to monetise capital...
Nigerian equities made a comeback on Wednesday, rallying a net capital gain of N125 billion as investors deepened bargain-hunting in the high-cap stocks group. After three...
The Security and Exchange Commission (SEC), on Thursday, presented three draft bills to the Senate, aimed at enhancing the operations of the capital market and reposition...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has banned a capital market operator, Mr. George Nchedo Okafor, from being employed anywhere in the...
The Securities and Exchange Commission (SEC) had recently informed Nigerians that it had suspended Heritage Capital Markets Limited indefinitely from all capital market activities. The regulator,...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), is planning to set up a special treasury to hold unclaimed dividends that have remained unclaimed...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has directed all capital market operators to register with their respective trade group or association on...
The capital market will witness a massive return of the banks before the end of the third quarter of the year. It is believed to be...
For the management and staff of BGL Securities and BGL Assets Management Limited led by debonair businessman, Albert Okumagba things have finally fallen apart as the...
The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in...
The budget defence by Ministries, Departments and Agencies, MDAs, has turned dramatic if not comical, as the Investment and Securities Tribunal (IST), reportedly submitted its 2015...
Nigerian government should intervene to stem the continuing downtrend at the Nigerian stock market by mandating its relevant agencies to step into the stock market and...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has revoked the operational license of 84 capital market firms. The Commission stated that the licences...
In from Success Allantee …. Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has cleared a total of 972 firms for operations in the...
In from Success Allantee … Securities and Exchange Commission (SEC) has said a total of 384 capital market operators have fully complied with the new minimum...
In from Success Allantee … United Kingdom and Nigeria have launched a joint investment and development initiative aimed at boosting investment and capital flows between the...
In from Ali Smart… In its quest to ensure economic integration, capital regulators across the sub-region have formed an association known as West Africa Securities Regulators...
There appears to be no end to the travails of Mr. Albert Okumagba, the Group Managing Director of BGL Group as the Securities and Exchange Commission...