April 9, 2021/United Capital Research Q1-2021 Review: Yield reversal trips bullish momentum The first quarter of FY-2021 proved to be somewhat soft for equity investors trading the Nigerian market. In Q1-2021, the benchmark All Share Index (ASI) lost 3.0% q/q to print at 39,014.82 points. A slew of interesting events […]
Capital Market
SEC warns on proliferation of Unregistered Online Platforms
April 8, 2021/SEC Nigeria The Securities and Exchange Commission has warned the investing public on the proliferation of unregistered online investment and trading platforms facilitating access to trading in securities listed in foreign markets. This was contained in a circular to Capital Market Operators issued by the Management of the […]
SEC Proposes New Rule on Unclaimed Dividend
April 8, 2021/SEC Nigeria New Rule Proposed Rule on Unclaimed Dividends (E-Dividend Mandate) Proposed New Rule On Unclaimed Dividends (E- Dividend Mandate) Name/citation of the Rule(s)- E- DIVIDEND MANDATE Rules on E-Dividend Mandate a) These rules shall apply to all unclaimed dividends below 6 years. b) All Registrars shall ensure […]

