Tag Archives: SEC

Manufacturers lost N500bn to CBN’s forex policy – MAN

Manufacturers lost N500bn to CBN’s forex policy – MAN The Manufacturers Association of Nigeria on Thursday said Central Bank of Nigeria’s flexible exchange rate policy had culminated to N500bn loss for manufacturers. According to agency report, the Chairman, MAN, Apapa Branch, Mr. Babatunde Odunayo, made the assertion during the branch’s 45th Annual General Meeting in Lagos. He said that Letters of …

Read More »

African Securities Exchanges Association/CISI unite to promote professionalism, common certification standard in capital markets

African Securities Exchanges Association/CISI unite to promote professionalism, common certification standard in capital markets   The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed a Memorandum of Understanding (MoU) to provide an effective framework to develop a common certification programme across the 26 ASEA Member Exchanges. The aim of the partnership is …

Read More »

NDIC Decry Okereke-Onyuike’s merger call with AMCON

NDIC Decry Okereke Onyuike’s merger call with AMCON FRIDAY EKEOBA The management of Nigerian Deposit Insurance Corporation (NDIC) has decried the merger call by the erstwhile Director General of the Nigerian Stock Exchange (NSE), Prof Ndi Okereke-Onyuike. The NDIC said the organisation mandate and scope of operations are far beyond such narrow scope as was ignorantly painted by Okereke Onyuike, …

Read More »

SEC exonerate NAHCO Former Chairman in Response to EFCC

SEC exonerate NAHCO Former Chairman in Response to EFCC The Securities and Exchange Commission (SEC) has exonerated the immediate past chairman of Nigerian Aviation Handling Company Plc (NAHCO) Malam Yahaya Suleiman on allegations leveled against him. This was contained in a response to the Acting Chairman Economic and Financial Crimes Commission (EFCC) Ibrahim Magu on a petition addressed to the …

Read More »

EDC Fund Management launches Mutual Funds

EDC Fund Management launches Mutual Funds  EDC Fund Management , the Asset Management arm of Ecobank in Nigeria has announced the launch of two mutual funds –  The EDC Nigeria Money Market Fund, and the EDC Nigeria Fixed Income Fund. The mutual funds gives customers of the Corporation and other interested Nigerians the opportunity to diversify their investment portfolio with as …

Read More »

NSE ETFs assets hit N4.26bn in five years– Onyema

NSE ETFs assets hit N4.26bn in five years– Onyema The Nigerian Stock Exchange on Monday said the Assets Under Management of the eight listed Exchange Traded Fund stood at N4.26bn as at September, 2016. The NSE Chief Executive Officer, Mr. Oscar Onyema, spoke at the ETF 2016 workshop organised by the bourse in partnership with Stanbic IBTC Asset Management, Lotus …

Read More »
Social Media Auto Publish Powered By : XYZScripts.com