Capital Market Archives - Page 4 of 9

Foreign Stocks: SEC To Register, Monitor Brokers To Ensure Transparency

May 9, 2021 0

The Securities and Exchange Commission is to register and actively monitor brokers selling stocks for foreign companies in furtherance of its mandate of ensuring investor protection and market transparency especially for retail investors.

10 Customers Win N1m Each At UBA’s Saving Promo Draw

May 8, 2021 0

Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of N10m in the quarterly draws of the ongoing UBA Savings Promo.

Shareholders Raises Concern Over Unilever Nigeria Losses

May 7, 2021 0

Following continued dwindling in its fortune, Shareholders of Unilever Nigeria Plc has expressed concern over the poor performance of the multi-national company, which had led to losses as shown in its key indicators for the period ended December 31, 2020.

Foreign Investment In Nigerian Stocks Drops To N60.11bn In Q1 2021

May 6, 2021 0

Foreign portfolio investment in the Nigerian stock market dropped by eight per cent in the first quarter of 2021 to N60.11bn from N65.27bn in the same period of 2020.

Goodbye Grobank, Hello Access Bank South Africa

May 5, 2021 0

Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited.

Some Customers Complains Are Fraudulent – Access Bank MD

May 5, 2021 0

The group managing director of Access Bank Plc, Herbert Wigwe, has said that complains from some banks customers are fraudulent and fictitious. He disclosed this during a meeting with some shareholders of the bank in Lagos.

Shareholders Approve Union Bank’s 25 Kobo Dividend

May 5, 2021 0

The shareholders of Union Bank of Nigeria Plc have approved the recommended dividend of 25 kobo per 50 kobo ordinary share for the 2020 financial period.

SEC Denies Recruitment Exercise, Disowns Fake Websites

May 2, 2021 0

The Securities and Exchange Commission, SEC, has denied conducting any recruitment exercise as being circulated in several websites and blogs purportedly associated to the SEC.

Dangote Cement To Pay N40.39 bn In Corporate Tax

May 2, 2021 0

Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021.

Oando’s AGM Suspension: Litigation Still Ongoing, Says SEC

May 1, 2021 0

The Securities and Exchange Commission has said the court cases instituted by Oando Plc challenging the directives in the commission are still ongoing.