By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Securities and Exchange Commission (SEC) has introduced an Electronic Filing System for market operators scheduled to commence from the first quarter (Q1) of 2014. According to SEC, the system would require all capital market operators to submit their quarterly returns electronically commencing from Quarter […]
Capital Market
Despite impressive growth, capital market fails to attract top firms
The Nigerian capital market continues its recovery from the 2008 financial crisis, thanks to reforms and initiatives by the regulators. However, one major failing looms large – the market depth remains shallow, SIMON EJEMBI writes At the start of 2013, many capital market analysts were modest in their outlook for […]
Oando raises N30.7bn for ConocoPhillips acquisition
Oando Plc has successfully raised N30.7bn to complete the acquisition of ConocoPhillips’ Nigerian assets and meet other obligations. The energy firm, which is listed on both the Nigerian and Johannesburg Stock Exchange, had announced its plans to raise the funds through a special placement exercise last week. In a statement […]
