Securities lending will soon take root in the Nigerian capital market as prospective lenders and appointed securities lending agents are reviewing their agreements and proposals expected to facilitate the process. Securities lending, which is the act of loaning a stock, derivative, other securities to an investor or firm is an […]
Capital Market
Unclaimed Dividends: Registrars Want Committee’s Report Implemented
Capital market registrars in the country have urged the Securities and Exchange Commission (SEC) to implement the recommendations of the Registrars Information Technology Infrastructure Review Committee as a way of resolving all share registration challenges in the market. Rising unclaimed dividends and delay in certificate verification, among others, are some […]
Nigeria’s Zenith Bank in $850 mln London listing
* Listing to aid Zenith raise equity in future – CEO * Joins three other Nigerian lenders in London * To grow from financing infrastructure, power sectors Nigeria’s Zenith Bank listed $850 million worth of its ordinary shares on the London Stock Exchange as global depository receipts (GDRs) at $6.80 […]
