Tag Archives: NSE

The Acting Registrar-General of the Corporate Affairs Commission ( CAC ), Lady Azuka Azinge yesterday in Kano said the Commission has introduced online registration method aimed at curbing the menace of fraudsters and middle men. Speaking during a sensitization progarmme in Kano, Lady Azuka said the online registration method will go a long way in removing hiccups and ambiguities hitherto …

Read More »

Flour Mills of Nigeria has concluded plans to sell shares through a rights issue to cut debt and is registering a N70 billion bond programme to refinance short-term loans, the conglomerate said on Wednesday, Reuters has reported. Several Nigerian companies have tapped capital markets this year to shore up their balance sheets after a currency crisis in 2015 dragged the …

Read More »

...As Commission Put Strigent Measure in Place To Check Further Abuse …Encourages Youth To Imbibe Saving Culture The Securities and Exchange Commission (SEC), has disclosed that listed companies have been found to fake operating positions to get regulatory approval to delist from the equities market. The Commission said to further checkmate such scenario from playing-up again due to its zero …

Read More »

Access Bank Plc plans to pursue organic growth in Ghana rather than mergers & acquisitions after the central bank raised the minimum capital requirement for lenders in the West African country, its group chief executive said on Tuesday. Ghana’s central bank in September raised the minimum capital required for banks threefold to 400 million cedis ($92 million) as part of …

Read More »

As part of its commitment to the growth and socio-economic development of Nigeria’s creative industry, Heritage Bank Plc has partnered with the organizers of the International Festival of Contemporary Dance (IFCOD) to host the second edition of One Language, a musical production of intrigue, dance and drama. The essence of the musical production is to unite humanity across the world and …

Read More »

With an end to Nigeria’s worst recession in two decades buoyed by improved performance of oil, agriculture, manufacturing and trade sectors, the economy is well on its way to a full recovery. In September 2017, the National Bureau of Statistics (NBS) validated that the country has exited the recession with a growth of 0.55% in the second quarter of 2017. …

Read More »

…as part of activities to mark 2017 World Savings Day Skye Bank CEO, Tokunbo Abiru, has unveiled the Bank’s plans to take financial literacy campaign to 30 schools in the country to mark this year’s World Savings Day. Abiru made this known while addressing pupils of Seed of Life Schools, Lebanon Ibadan, adopted by Skye Bank on Tuesday stated that: …

Read More »

Photo Caption: From Tope S. Aladenusi, Chief Strategy Officer (CSO) for Deloitte West Africa; Olatomiwa Williams, Director, Solution Sales for Microsoft Nigeria; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Favour Femi-Oyewole, Chief Information Security Officer, NSE and Ademola Alabi, Founder & Principal Consultant in AAA Bits Consulting Ltd during The Nigerian Capital Market Information Security Forum …

Read More »

The Federation Account recorded  a total revenue inflow of  N797.51bn from Value Added Tax between January and October this year, the Minister of Finance has said. Adeosun who released the details of the VAT on Tuesday in Abuja noted that the highest VAT collection of N86.71 billion was achieved in September 2017. She added that the sum of N84.67bn and N83.315bn …

Read More »

The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before the Ikeja magistrate court 1 on charges of conspiracy , forgery, fraud and impersonation contrary to sections 412, 380 and 368 of the Lagos state criminal code. The arrest and prosecution of Mr. …

Read More »