Capital Market

SEC Proposes Rule Changes to Harmonize, Simplify and Improve the Exempt Offering Framework

Proposed amendments would provide a more rational framework, eliminate complexity and increase access to capital while preserving and enhancing important investor protections   March 5, 2020/US SEC The Securities and Exchange Commission today announced that it has voted to propose a set of amendments that would harmonize, simplify, and improve […]

African capital market activity declines further in 2019

The general slowdown in equity markets was largely driven by a series of macroeconomic factors including an equity capital market (ECM) deceleration in global markets March 5, 2020/PwC Overall, African equity capital market (ECM) activity in 2019 declined sharply both in volume and value from 2018, with 2019 posting the […]

NSE Members Approve Demutualisation Resolutions at COM, EGM

March 3, 2020/NSE Members of The Nigerian Stock Exchange (“NSE” or “The Exchange”) have passed requisite resolutions for the demutualisation of The Exchange at a Court Ordered Meeting (COM) and an Extraordinary General Meeting (EGM). The meetings held on Tuesday, March 3, 2020 at The Grand Banquet Hall, Civic Centre, […]