Tag archive for ‘capital market’
By Modupe Gbadeyanka On Thursday, May 4th, 2017

Dangote Sugar Seeks N21.2b from Capital Market

By Modupe Gbadeyanka Management of Dangote Sugar Refinery has expressed its intention to source for N21.2 billion from the capital market through equity injection before the end of this year. The amount, the firm More...

By Dipo Olowookere On Friday, April 21st, 2017

EFCC Alerts Investors on Latest Capital Market Scams

By Dipo Olowookere The Economic and Financial Crimes Commission (EFCC) has raised an alarm over the “recent trends in capital market related fraud.” The anti-graft agency disclosed that until recently, capital More...

By Modupe Gbadeyanka On Wednesday, March 22nd, 2017

SEC Proposes New Cost Structure to Boost Capital Market

By Modupe Gbadeyanka The Securities and Exchange Commission (SEC) is intensifying efforts to deepen the nation’s capital market by ensuring that more companies raise funds and get listed in the market. The new More...

By Modupe Gbadeyanka On Friday, March 17th, 2017

Guinness Seeks NSE Nod to Raise N40b from Capital Market

By Modupe Gbadeyanka Chief Executive Officer of Guinness Nigeria, Mr Peter Ndegwa, has disclosed that an application for an approval for a share sale to raise 39.7 billion naira from the capital market has been More...

By Dipo Olowookere On Monday, February 20th, 2017

Illegal Capital Market Operator Jailed in Kaduna

By Dipo Olowookere An illegal capital market operator has been jailed for five years by a Federal High Court Kaduna Division. The convict, Mr Moses Samanja, is the managing director of Marian Moses Ventures Limited. According More...

By Modupe Gbadeyanka On Friday, February 10th, 2017

Seplat Lifts NSE by 0.07% as Capital Market Turnover Rises

By Modupe Gbadeyanka The volume of shares transacted at the Nigerian Stock Exchange (NSE) on Friday finished higher than what was achieved yesterday. Investors bought and sold a total of 201.73 million shares More...

By Modupe Gbadeyanka On Monday, January 2nd, 2017

CBN, SEC Unveil Rules for Securities Settlement

By Modupe Gbadeyanka Last Thursday, the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) released guidelines for the settlement of all types of securities in the country. This, we More...

By Modupe Gbadeyanka On Monday, December 19th, 2016

SEC Makes Clarification on Registration of Dealing Members

By Modupe Gbadeyanka Nigeria’s Securities and Exchange Commission (SEC) has made clarifications concerning the registration of dealing members in the capital market in the country. In a circular issued on Friday, More...

By Modupe Gbadeyanka On Tuesday, December 13th, 2016

SEC Orders Operators To Update of Registration Info

By Modupe Gbadeyanka Capital Market Operators (CMOs) in Nigeria have been directed by the Securities and Exchange Commission (SEC) to update their registration information with the commission. In a message posted More...

By Modupe Gbadeyanka On Saturday, December 10th, 2016

Complaints Trail AIMS Asset Management Ltd

By Modupe Gbadeyanka Several complaints are currently trailing a fund/portfolio manager in the capital market, AIMS Asset Management Limited. According to the Securities and Exchange Commission (SEC), these complaints More...

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