Companies, which violate the rules governing the newly introduced online information-disclosure portal of the Nigerian Stock Exchange (NSE) would be liable to a fine of 50 per cent of their yearly listing fees, according to the draft rules on the use of the issuers’ portal obtained by The Nation. Companies […]
Author: InvestAdvocate
Exchange Council Approves New Rules for Brokers
The Council of the Nigerian Stock Exchange (NSE) has approved many new rules and made amendments to the rules governing dealing members. In a notification entitled: Additions and amendments to rules and regulations governing dealing members and invitation for comments, sent to licensed stockbrokers, the NSE indicated that the new […]
Heritage Bank Opens First Set Of Branches
Heritage Bank, the newest player in the Nigerian banking sector, has opened its first two branches in Marina, Lagos and Dugbe in Ibadan, the Oyo State Capital. While the Marina branch went on stream mid-March, the Ibadan office opened for business in the first week of April. Describing the development […]