Author: InvestAdvocate

Capital base: Stockbrokers kick against consolidation

By Udeme Ekwere Wednesday, 9 Feb 2011 Stockbrokers in the Nigerian capital market have kicked against the Securities and Exchange Commission’s plan to reduce the number of strockbroking firms through consolidation. The stockbrokers, who spoke in separate interviews with our correspondent on Tuesday, said there were more pressing issues that must […]

Nigeria’s SEC approves new code of corporate governance for Public Companies

By investadvocate Feb 09 2011 11.52 GMT   CODE OF CORPORATE GOVERNANCE FOR PUBLIC COMPANIES   The Commission has approved the implementation of the new code of corporate governance for public companies.   To download a copy, click Report on our homepage. The Code shall become effective from April 1, 2011.

Nigeria’s SEC unveils new rules

By investadvocate Feb 09 2011 11.32 GMT   NEW RULES/AMENDMENTS OF RULES AND REGULATIONS OF THE SECURITIES AND EXCHANGE COMMISSION   Pursuant to Section 313(6) of the Investments and Securities Act, 2007, the following new rules are made by the Commission:   1. Rules on Negotiated Settlement. 2. Conditions to grant waiver on […]