Capital Market

NSE to Amend Dealing Members Rules 7.4 and 7.5

November 17, 2018/NSE Rule 7.4: Submission of Financial and Non-Financial Reports to The Exchange  (a) Every Dealing Member shall submit to The Exchange its audited annual financial statements, within ninety (90) calendar days of the end of the fiscal year, and its quarterly financial statements returns within thirty (30) calendar […]

SEC Nigeria Introduces the Interpretive Guidance Note

November 15, 2018/SEC The public and all capital market stakeholders are informed of the introduction of the Commission’s Interpretive Guidance Note (IGN). The IGN would assist in the understanding of; provide guidance in compliance with the Investment Securities Act (ISA), SEC Rules and Regulations and other issues within the Commission’s […]

SEC Says E-Dividend Registrants to Expect Multiple Alerts on Unclaimed Dividends

—Extends Multiple Subscription Deadline to Dec 2019 November 15, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Thursday said investors who key into the e-dividend initiative are to expect multiple alerts accruing from unclaimed dividends. This is coming on the heels of the last Capital Market Committee […]