FG Eyes Capital Market To Achieve N100trn Assets Goal   The Ministry of Finance Incorporated, the investment vehicle of the Federal Government, has set its eyes on the capital market to raise funds as it seeks to meet its targets of having N100tn assets under management...

FG to Revive Moribund Assets on Stock Exchange The Ministry of Finance Incorporated, MOFI, the special purpose investment vehicle and asset custodian agency of the Federal Government of Nigeria, has announced its plans to identify, revive and list all moribund government assets on the stock...

NGX Sheds N7bn on First Trading Day, Halts Market  The Nigerian Exchange Limited on the first trading day of the week shed seven billion naira, bringing to a halt a six-day of rally in the market. NGX All-Share Index depreciated by 0.03 per cent to settle...

Stock Market Capitalisation Falls by N622bn At the close of trading on Monday, investors lost N622bn due to sell-offs of some telecoms and banking stocks. The market which opened with the All-Share Index at 54,892.53 lost 2.08 per cent to close 53, at 750.77. The market capitalisation...

SEC Commences Annual Registration Of Market Operators   In its effort to checkmate unethical practices amongst market operators, the apex regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC) has announced the commencement of an annual renewal of registration for operators. SEC made the...

Stock Market: New Rule Threatens Investors N1trn Funds   A newly enhanced customer identification framework for the Nigerian capital market may trap not less than N1 trillion in investors’ accounts until such investors are able to fully comply with the enhanced three-layered identification framework. The new amendments...