Press Release The increasing criminality in Nigeria’s territorial waters such as illegal bunkering, crude oil theft, smuggling, and piracy would will soon be a thing of the past as federal government and its agencies has vowed that it be effectively curbed in the next one year. Lt-Col. Abu Kefas (rtd), […]
Author: InvestAdvocate
NSE slams N17m fines on 5 stockbroking firms in 2013
In line with its resolve of returning sanity to the equity market, the Nigerian Stock Exchange, NSE, said it fined five stockbroking firms the sum of N17 million in 2013 for contravening various rules and regulation guiding operation in the market. The stockbroking firms involved are Calyx Securities Ltd, Apel […]
SEC Moves to Reduce Stockbroking Firms to 50
Strong indications have emerged that the Securities and Exchange Commission (SEC) is aiming to prune the number of stockbroking firms to 50, from the current a 250 active firms. As at December 2013, SEC registered brokers were about 281, with 250 of them being active. According to SEC, 20 per […]
