About Nigerians, Nigerian Business and Other Stories
The Federal Government due to the paucity of funds and in its bids to finance fiscal and infrastructure deficits in the domestic economy raised a total of N1.6 trillion from the capital market in 2018, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has disclosed. This resulted in the NSE […]
The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has urged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them in performing their expected roles in economic development of the nation. He mentioned this during his opening remarks at the 21st […]
Jingdong Hua, Vice President and Treasurer Nigeria is already one of the largest economy and the country with the biggest population on the African continent. By 2050, it will be home to 410 million people, making it the third most populous country in the world. Sustained economic growth is therefore imperative to meet the challenges […]
The Nigerian currency, the Naira is set to witness further decline against the US Dollar due to scarcity of the Dollar. Against expectation, population of Nigerians traveling home for the holidays fell short resulting to shortage of Dollars returning home with them. The Naira closed at 490 to the Dollar on Friday, from 495 against […]
SEC Bans Two From Capital Market For Life The Securities and Exchange Commission (SEC) in the exercise of its powers under Section 13 of the ISA, 2007 investigated complaints against WT Securities Ltd. and its Directors (Mr. Taofik Lawal and Mrs. Iyabode Lawal) and found them culpable of mismanaging the stocks of Mrs. Opral Mason […]
E-divided Complaint: SEC re-interate June 2017 Deadline Date …To withdraw operators license over recapitalisation failure by December FRIDAY EKEOBA Worried about the slow adherence by investors in the capital market on the issue of e-dividend, the Security and Exchange Commission (SEC) has reiterated that June 31st 2017 remain the final compliance date in the equity […]
The Securities and Exchange Commission (SEC) has sought the collaboration of media organizations in the country to ensure effective implementation of the Capital Market Ten Year Master Plan. Director General of SEC Nigeria, Mounir Gwarzo said this Tuesday during a meeting with Management of Nigeria Television Authority (NTA), in Abuja. The DG said a successful […]