June 29, 2021/SEC Nigeria Exposure Of Proposed Sundry Amendments To The Rules And Regulations Of The Commission Download full document Summary of Sundry Amendments Rule 3(4) – Filing of Materials with the Commission Rule 7 – Fine/Penalty Rule 9(8) – Power of the Commission to demand and examine records required […]
Capital Market
SEC Proposes Interoperability/Financial Market Infrastructures Link Framework Among Central Securities Depositories
June 29, 2021/SEC Nigeria Introduction The Nigerian capital market has witnessed remarkable growth in the last few years in terms of size, market participants and tradable instruments. This has impacted the market structure in terms of composition and interconnectedness. In the secondary market particularly, there are currently multiple trading platforms […]
NGX Reports Domestic Outperform Foreign Investors by 58% in May 2021
June 28, 2021/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 31 May 2021, total transactions at the nation’s bourse decreased by 39.23% from N159.93billion (about $389.84million) in April 2021 to N97.19billion (about […]
