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Securities and Exchange Commission
The Nigerian Stock Exchange (NSE) on Wednesday announced the publication of the maiden edition of StockTown, a comic book aimed at promoting financial literacy in Nigeria.
Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
Capital market operators should be bracing up for recapitalisation programme as indications emerged that the Securities and Exchange Commission (SEC) may introduce new minimum capital requirements.
Stakeholders in the capital market on Thursday stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
The Acting Director-General of the Securities and Exchange Commission, Ms Mary Uduk, has said that Nigeria’s economy is big enough to accommodate a bigger and more attractive capital market.
Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has said that the introduction of electronic offering in the Nigerian capital market remains a major achievement that will help solve the problems of unclaimed dividends.
The Securities and Exchange Commission, SEC, has said that regulation of the market in a technology-driven era is now more efficient and that is why it is stepping up its use in regulation to ensure that investors in the capital market are adequately protected.
As part of efforts aimed at strengthening the capital market, the House of Representatives on resumption from the Christmas and New Year recess is expected to commence debate on a bill which seeks to establish Unclaimed Dividends Trust Fund in the country.
An economist, Prof. Sheriffdeen Tella, on Friday urged the Central Bank of Nigeria (CBN) to pursue policies geared toward credit expansion for private sector in 2020.
The Securities and Exchange Commission, SEC, said the various initiatives being implemented in the 10-year capital market master plan have made the capital markets more attractive to investors.
Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.
Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process.
Private and public sectors experts have advised governments at all levels to use the capital market to bridge funding gap and develop much-needed infrastructure.
The Securities and Exchange Commission (SEC) says the commission is committed toward ensuring that the commodities trading ecosystem in the country becomes vibrant to contribute to economic development.
The Federal Government is considering the option of national savings scheme in order to deepen the pool of investible funds and strengthen the Nigerian capital market for a more pivotal role in national growth and development.
Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.
Neymar has criticised Paris Saint-Germain’s handling of his recent injury after scoring in the 2-1 defeat at Borussia Dortmund, which leaves the French club facing the prospect of another early Champions League exit.
The study suggested other countries – among them Nigeria, Ethiopia, Sudan, Angola, Tanzania, Ghana and Kenya – would all need support with detecting and handling imported cases of the coronavirus.
That lawsuit went to trial in a San Francisco court on Tuesday, and the crux of the case is a 2010 deal between Facebook and an Irish subsidiary it uses to shuffle money around internationally. The IRS alleges Facebook undervalued the intellectual property it sold to the subsidiary, thereby dodging billions in taxes.
Lionel Messi, in an interview with Mundo Deportivo, has spoken publicly for the first time since reports emerged that Barcelona hired PR firm I3 Ventures for their social media channels which were aimed at tarnishing the images of Gerard Piqué, Messi himself and others associated with the club.
The Buhari Media Organisation (BMO), says President Muhammadu Buhari is “fully in charge of critical affairs of government” in the country
The Nigeria Centre for Disease Control said on Saturday that five travellers from China tested negative to Coronavirus also known as COVID19.
The Buhari Media Organisation says the administration of President Muhammadu Buhari will not implement policies that will affect the existence of the poor while raising revenue to fund the nation’s infrastructure projects.
Former Nigeria Professional Football League top scorer Mfon Udoh has revealed that he is adapting to my new American club FC Tulsa in the United Soccer League.
The insurgents raided Kwarangulum and Ntsiha, two remote but volatile communities about five or six kilometres to Chibok on Tuesday night.
Senate President Ahmad Lawan has called on the nation’s heads of security agencies to tighten security at the National Assembly to avert any security breach.