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14 Companies Responsible For 50% Capital Market Infractions – Report

14 Companies Responsible For 50% Capital Market Infractions – Report Fourteen insurance companies were responsible for 50.4 per cent of the total penalties meted out by the Nigerian Stock Exchange, amounting to N339.5 million for offenses that included default in timely release of operational reports...

NASD To Strengthen Capital Market’s Contribution To Economy

NASD To Strengthen Capital Market’s Contribution To Economy   The Managing Director/Chief Executive Officer, NASD Plc, Bola Ajomale, has said the full operation of the NASD Enterprise Portal this year will significantly strengthen the reach and contribution of the capital market to the nation’s growth. The NASD...

SEC Assures Foreign Investors of Market Safety

SEC Assures Foreign Investors of Market Safety The Securities and Exchange Commission (SEC) Nigeria, has assured foreign investors of the safety of their investments in the Nigerian capital Market. Disclosing this when representatives of JP Morgan and Stanbic IBTC visited the Commission in Abuja weekend, Ag....

SEC’s  Forbearance Window Ends Sept 2018

SEC's  Forbearance Window Ends Sept 2018 ..... to encourage listing by multinationals The Securities and Exchange Commission (SEC) has announced an extension of the forbearance window for investors with multiple accounts and subscriptions to September 2018. Acting Director-General  Ms Mary Uduk stated this at the first 2018...

Capital Market Operators Flay Delay in passage of 2018 Budget

Capital Market Operators Flay Delay in passage of 2018 Budget Operators in the Nigerian Stock Exchange (NSE) have chorused that delay in the passage of the 2018 budget would negatively affect the capital market. Some of them expressed optimism that the 2017 earnings anticipated by investors...

Shareholders Get N30bn Stranded Dividend

The Securities and Exchange Commission has said that over N30bn has so far been paid to investors in the Nigerian capital market from the backlog of unclaimed dividends. As a means to further reduce the unclaimed dividends profile and curb its growth in the country,...