THURSDAY, 05 AUGUST 2010 01:07 IHEANYI NWACHUKWU    First and foremost, the Investment and Securities Act (ISA) in Section 105, prohibits false trading and market rigging transactions in the sale of securities. Section 106 ISA 2007 prohibits price-fixing transactions. Section 110, which is the “catchall” anti-fraud provision to […]

  -Pending court’s decision   By Yakubu Laah investadvocate Aug 05, 2010 19:09 GMT   The suspended President of the Nigerian Stock Exchange (NSE), Alhaji Aliko Dangote has affirmed his commitment to the development of the capital market, while confirming he had earlier offered to temporarily step aside as the […]

  -Okereke-Onyiuke to be investigated By Peter OBIORA investadvocate Aug 05, 2010 18:00 GMT   The Securities and Exchange Commission (SEC) has appointed Ballama Manu as the interim Head of Council of the Nigerian Stock Exchange (NSE) to replace Aliko Dangote as President of Council.   Arunma Oteh, Director General […]