January 24, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the activities of Stecs (Alausa) Multipurpose Cooperative Society (popularly known as Stecs), which is engaging in capital market activities by inviting the public to invest in its Stecs Commodity Mudarabah Investment Series […]
Author: InvestAdvocate
SEC Says Risevest Technologies Limited is Illegal Operator
January 29, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to the activities of Risevest Technologies Limited, which holds itself out as a Digital Dollar/Fund Manager in the Nigerian Capital Market. The Commission hereby notifies the public that Risevest Technologies Limited is NOT […]
Coronation Fixed Income and Exchange Rate Update
January 29, 2025/Coronation Research Summary Last week system liquidity rebounded into the positive zone, closing at N211.80bn, primarily driven by FAAC and Remita inflows. The Open Repo Rate (OPR) and Overnight Rate (O/N) narrowed by 16.49% and 16.03% respectively, ending the week at 27.00% and 27.50%. We expect interbank rates […]
