January 3, 2025/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ABBEYBDS (+10.00%), NEM (+10.00%), INTBREW (-5.45%) and JOHNHOLT (-3.72%). Sector Performances: Banking (+0.85%), Oil & Gas (+0.11%), Industrial (+0.02%) and Consumer Goods (-0.37%). Market activity: In today’s trade, total volume and value rose by 29% and 40% […]
Author: InvestAdvocate
SEC: New Rules and Sundry Amendments to the Rules and Regulations of the Commission
January 2, 2025/SEC Nigeria PREAMBLE New Rules 1. New Rule on Issuance of Commercial Papers Sundry Amendment 2. Amendment to Rule 8 (Exemptions) 3. Amendment to the Rule on Annual Supervision Fees for Collective Investment Schemes The details of the New Rules and Amendments are as follows: 1. […]
CBN Says Federally Collected Revenue Fell 8% MoM in October 2024
January 2, 2025/FBNQuest Research Culled: Proshare The Central Bank Nigeria’s (CBN) recent monthly economic report, notes that the gross federally collected revenue for distribution to the three tiers of government fell by -8% month-on-month (MoM) to roughly N2.0trn in October 2024. Conversely, in terms of year-on-year (YoY) comparison, the figure […]
