SEC Harps On Resilient Capital Market

  The Securities and Exchange Commission has expressed the need for the capital market to be strengthened to accelerate domestic production and employment given the direct correlation between increase in production and job creation. To achieve this, Director General of the SEC, Mr. Lamido Yuguda said there is the need to leverage the capital market […]

NSE Trigger Circuit Breaker To Guard Against Sharp Market Fluctuations

The Nigerian Stock Exchange (“NSE” or “The Exchange”) has announced that a market-wide circuit breaker kicked in today, Thursday, November 12, 2020, at 12:55p.m. when the NSE All-Share Index (NSE ASI) rose beyond the set threshold of 5%, triggering a 30-minute trading halt of all stocks. This was the first time that the circuit breaker had kicked in since its introduction in 2016.