September 25, 2017/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the Exchange. This decision was reached at The Exchange’s National Council meeting held immediately after its 56th Annual General Meeting on […]
Capital Market
SEC: Commission Statement On T+2 Implementation
Culled—Proshare September 12, 2017/SEC Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Commission adopted earlier this year. The move to a two business day standard settlement cycle – or T+2 – […]
Q2 GDP: Analysts predict equities’ rebound
September 5, 2017/Punch Stanley Opara Financial market analysts are expecting the stock market to spring back in anticipation of the release of the country’s Gross Domestic Product figures for the second quarter of 2017, which are expected to be positive The market had recorded a loss last week owing largely […]
