Capital Market

No IPOs in Africa in H1 2021, but Global IPO Activity on Pace to Hit Historic Highs in 2021

June 18, 2021/Baker McKenzie There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021. However, the continued global demand for special purpose acquisition company (SPAC) IPOs reached African […]

NGX ETF Market Capitalization Hits N20.32 Billion

…as trade volume rise by 3064% June 17, 2021/NGX The assets under listing of the Nigerian Exchange Limited (NGX), the leading market for Exchange traded Funds (ETFs) in the West African region market rose by N20.324 billion in the first quarter (Q1) of 2021. This was even as trade volumes […]

SEC Unveils Regulatory Incubation Program for FinTech Operations in the Nigerian Capital Market

June 17, 2021/SEC Nigeria The Securities and Exchange Commission (SEC) announces the imminent roll-out of the SEC Regulatory Incubation (RI) program for FinTechs operating or seeking to operate in the Nigerian Capital Market. The Regulatory Incubation (RI) program is designed to address the needs of new business models and processes […]