Capital Market

NGX Hosts Ellah Lakes to Virtual Facts Behind the Figures

May 27, 2021/NGX Nigerian Exchange Limited hosted Ellah Lakes Plc to a virtual Facts Behind the Figures presentation and Closing Gong Ceremony on Wednesday, 26 May 2021. Represented by the Managing Director, Ellah Lakes Plc, Mr. Chuka Mordi and Chief Agronomist, Mr. Jamie Rixton, the company presented its 2019/2020 financial […]

SEC Urges Existing Investment Crowdfunding Portals to Comply With Registration Requirements

May 27, 2021/SEC Nigeria This is to inform all stakeholders that as part of efforts to ensure investor protection while encouraging innovation in the conduct of securities business, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021. In line with the transitional […]

SEC’s Regulations On Digital Sub-Brokers – Clarity for Online Inv. and Trading Platforms in Nigeria?

May 24, 2021/Proshare by Detail Commercial Solicitors Background In our newsletter on “SEC’s Directive To Online Investment And Trading Platforms in Nigeria – The Way Forward” (the “Newsletter”), we had analyzed the Securities and Exchange Commission’s (“SEC”) Press Release dated 8th April, 2021 on the Proliferation of Unregistered Online Investment and […]