Culled—Proshare June 5, 2017/FSDH Research The recent rally in the equity market has opened a window for the quoted companies to raise equity capital to finance their expansion projects. The bearish trends that dominated the equity market in the last few years have caused many companies to abandon the market […]
Capital Market
SEC Says will Revoke Registration of 400 Capital Market Operators on Non-Compliant of Data Update
June 5, 2017/SEC The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017. According to a circular from SEC, “any firm whose […]
Nigerian share index hits 23-month high
June 5, 2017/Reuters Nigeria stocks extended their rally for the fifth consecutive day on Monday, helped by gains in cement, fuel retailing and banking stocks. A rise in Dangote Cement, which accounts for a third of the market’s value, pushed up the overall index to 3.86 percent to cross 32,000 […]
