Stock closed 2013 by setting record highs and world equity markets ended at six-year peaks on Tuesday, while benchmark bond yields posted their first annual rise since 2009. Ultra-easy monetary policies and an improving economic outlook worldwide led to a stellar year for stocks. Equity strategists see the gains continuing […]
Capital Market
SEC refutes Allegations on New Minimum Capital Requirement by ASHON, CIS
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday refuted the allegations made by the Association of Stock broking Houses of Nigeria (ASHON) and Chartered Institute of Stock brokers (CIS) that they were not consulted before the decision to review upwards the minimum capital requirement for capital […]
ASHON Writes SEC ON New Minimum Capital Requirement
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Association of Stock broking Houses of Nigeria (ASHON) has written a letter to Nigeria’s Securities and Exchange Commission (SEC) over the new capital requirement imposed by then latter. InvestAdvocate gathered that ASHON sent out the letter last week to the commission seeking a resolution […]
