Lagos, Tuesday, January 25, 2011

 

The NSE, today, added the names of additional four stockbroking firms to the list of suspended stockbrokerages that have not met the minimum capital base of N70 million stipulated by the Securities and Exchange Commission to dealing members of the Exchange.

 

The four firms are Capital Bancorp, Profund Securities, Santrust Securities, and Vetiva Securities.

 

The NSE, however, noted that 10 of the suspended stockbrokerages have met the requirement. The details of the 10 firms were not made available by the NSE.

 

Source: Proshare