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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.
The Chartered Institute for Securities and Investment (CISI) of the United Kingdom has entered into agreements with Chartered Institute of Stockbrokers (CIS) and the Nigerian Capital Market Institute (NCMI) to strengthen professional training and qualification of Nigerian capital market operators.
The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria Communications Plc listed 20.35 billion shares on the Exchange.
The stockbroking community has reiterated the need to re-constitute the board of the Securities and Exchange Commission (SEC) and accord the commission a status of independence like the Central Bank of Nigeria (CBN), in line with global best practices.
The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer opens on Monday, November 12, 2018 and closes on Wednesday, December 19, 2018.
A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its shares.
The All Progressives Congress (APC) has called on the National Broadcasting Commission (NBC) to call the management of the State Radio and Television to order, over alleged provocative broadcasts against its members.
A corporal of the Nigerian Army attached to Operation Lafiya Dole has opened fire on his colleagues, killing four personnel and injuring two others.
Tottenham midfielder Dele Alli has been charged by the Football Association after posting a video on social media mocking the coronavirus outbreak.
Celestine Babayaro has shared his thoughts on the appointment of Joseph Yobo as Nigeria’s senior national team assistant coach.
President of the Senate, Ahmad Lawan, will lead a delegation of Senators to the funeral service of Late Senator Longjan Ignatius Dantong slated for March 2, 2020, in Plateau State.
Chelsea were put to the sword by Bayern Munich in the first-leg of their Champions League last-16 tie at Stamford Bridge last night, with three second-half goals condemning the hosts to their biggest ever home defeat in Europe.
The Oluwo of Iwo, Oba Abdulrasheed Akanbi, says he remains the Oluwo of Iwoland despite his suspension by the Osun State Council of Traditional Rulers.
Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, was on Friday suspended for the duration of six months by the Osun State Council of Traditional Rulers, following an alleged physical assault on a fellow monarch.
Manchester City’s two-year ban from the Champions League could lead Pep Guardiola back to Barcelona, says Rivaldo.
South Sudan President Salva Kiir is scheduled to name members of the revitalised government on Saturday February 22, following the lapse of the deadline to have a new team in place.