Capital Market

SEC: New Rules and Sundry Amendments to the Rules and Regulations of the Commission

January 2, 2025/SEC Nigeria PREAMBLE New Rules 1. New Rule on Issuance of Commercial Papers Sundry Amendment 2. Amendment to Rule 8 (Exemptions) 3. Amendment to the Rule on Annual Supervision Fees for Collective Investment Schemes The details of the New Rules and Amendments are as follows: 1.      […]

NGX Reveal Results of Full-Year Review of Market Indices

January 2, 2024/NGX . Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full-year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; […]

Flourmill Bids Farewell to the Exchange after 45 Years

December 31, 2024/CSL Research Yesterday, 30 December 2024, the Nigerian Exchange Limited (NGX), through its Head of Issuer Regulation Department, Godstime Iwenekhai, announced the delisting of Flour Mills of Nigeria Plc (Flourmill) from its Daily Official List. The delisting followed the approval of Flourmill’s application to withdraw its entire issued […]