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 […]
Capital Market
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 […]
Sanusi to quit CBN in 2014
Sanusi Lamido Sanusi, the Central Bank of Nigeria (CBN) governor, says he will not renew his contract when his five- year term expires in 2014. The 51-year-old has led the CBN since 3rd June 2009. Speaking in a CNBC Africa’s interview, Sanusi said it was never his intention […]
