Home Topics Nigerian Capital Market

Nigerian Capital Market

Mary Uduk

SEC: E-dividend registration will boost liquidity

The Securities and Exchange Commission, SEC, has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy.
Nigeria Stock Exchange

Stockbrokers decry low domestic patronage on NSE

The Chartered Institute of Stockbrokers on Friday decried the low level of domestic investors’ patronage in the capital market and urged government at all levels to prioritise capital market development.
Mary Uduk

Capital market committee approves plan to introduce e-IPO

The Nigerian capital market would soon introduce the electronic initial public offer (e-IPO) system in the country, the Securities and Exchange Commission (SEC) announced on Wednesday.
Skye Bank

House of Reps to probe Skye Bank takeover

House of Representatives Sub-Committee on Capital Market and Institutions will probe the recent takeover of Skye Bank Plc by Polaris Bank.

Capital market operators caution federal government on infrastructure financing

Stakeholders in the Nigerian capital market have urged the federal government to concentrate more on policies that would improve living standards of the people.

Institute reiterates commitment to rescuing economy

Following the political storms stunting Nigeria’s economic growth and development, the President and Chairman of Chartered Institute of Stockbrokers (CIS), Adedapo Adekoje, has affirmed the Institute’s commitment to rescue the country.
Nigeria Stock Exchange

Oscar Onyema: UK remains great ally for Nigeria’s capital market development

The chief executive officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has averred that the United Kingdom remains a key partner to Nigeria, particularly for its capital market development.
National Assembly

Legislators lament inability of banks to provide long-term loans

The Joint Senate and House of Representatives committee on capital market have expressed worry over the failure of commercial banks to provide long – term financing instruments for projects in the country.

SEC: MTN Nigeria yet to file application for initial offer

MTN Nigeria is yet to formally submit any application in respect of its planned initial public offer (IPO), the Securities and Exchange Commission (SEC) said on Sunday.

FRC: 2018 corporate governance code will attract foreign investments

The Financial Reporting Council of Nigeria (FRC) has expressed the hope that the Nigerian Code of Corporate Governance 2018 will promote ease of doing business; attract local and foreign investments into the country.

House of Representatives commence probe of capital market operations

The House of Representatives sub-committee on Capital Market, Regulation and Compliance has started a probe in the capital market operations.

House of Representatives sub-committee probes 100 companies over alleged sharp practices

The House of Representatives sub-committee of the Capital Market on Regulation and Compliance has commenced probe into alleged sharp practices by some Public Limited Companies (PLCs) following plethora of petitions by shareholders in the sector.

Domestic investors sustain interest on Nigerian Stock Exchange

Domestic investors have continued to dominate trading on the equities market for three months in a row, as they traded N497.15 billion worth of shares for the first quarter, Q1, ended March 31, 2018.

Oando: We can finally reap return on our investment – shareholder

Speaking on the lifting of the technical suspension, Mr. Babatunde Badmus, Pacesetter Shareholder Association said: “We are happy the SEC and the NSE has finally heeded to the pleas of minority shareholders. It is unfortunate this took six long months, nonetheless we are pleased to finally be opportune to reap from the Company’s positive operations.”

Oando shareholders demand Minister Kemi Adeosun’s sack

Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market.

Minister explains reinstatement of trading on Oando shares

While the shareholder groups have accused Adeosun of “unwholesome interference” in the nation’s capital market and meddling in the operations of SEC, and demanded her immediate sack, the minister has denied the allegations, saying the shareholder groups were speaking out of ignorance.

Senator Saraki pledges quick passage of CAMA, ISA Bills

President of the Senate, Dr. Abubakar Bukola Saraki, on Wednesday reiterated the commitment of the 8th National Assembly to swiftly consider and pass required amendments to the Companies and Allied Matters Act (CAMA) and the Investment and Securities Act (ISA).

SEC, journalists synergise on investor education

Capital market regulator, Securities and Exchange Commission (SEC), has pledged to work with Finance Correspondents to ensure proper reporting of the capital market to enlighten and educate the investing public.

Recent Stories

Eagles forward Samuel Kalu (right) battles Percy Tau of South Africa PIX KABIRU ABUBAKAR

Moses Simon: Samuel Kalu, Samuel Chukwueze competition great for Super Eagles

Moses Simon has said he welcomes the stiff competition Samuel Kalu and Samuel Chukwueze will bring to the Super Eagles.
Abuja 2018 National Sport Festival 100 metres deaf athletics gold medalist Assurance Omoria has vowed to win a medal in the Tokyo 2020 Olympics.

National Sports Festival: 100 metres deaf gold winner plans to build personal house

Abuja 2018 National Sport Festival 100m deaf athletics gold medalist Assurance Omoria has vowed to win a medal in the Tokyo 2020 Olympics.

Ali Ndume urges colleagues not to boycott 2019 budget presentation

Sen. Ali Ndume (APC, Borno South) has pleaded with his colleagues in the Senate and House of Representatives not to boycott the 2019 Budget presentation by President Muhammadu Buhari.
yemi osinbajo

VP debate: APC’s foreign policy will remain economy, security – Yemi Osinbajo

The Vice President, Prof. Yemi Osinbajo, on Friday, said that the foreign policy of the All Progressives Congress would remain the economy and security.
Henri Konan Bédié

Ivory Coast’s opposition chief Henri Bedie seeks alliance for election

The head of Ivory Coast's main opposition party, Henri Konan Bedie, has announced that ousted president Laurent Gbagbo would back a party alliance to fight the next presidential election.