Capital Market

Stocks Extend Losses, ASI Down 0.58%

By Yakubu LAAH InvestAdvocate Click here to view Cordros Daily Market update for March 1, 2017 Lagos (INVESTADVOCATE)-Nigerian equities extended losses, as the all-share index (ASI) on Wednesday fell by 0.58 percent to close at 25,183.10 points. “Today’s bearish proceedings increased the Year-to-Date loss to 6.29 percent”, according to Cordros […]

Nigeria’s Zenith Bank to seek approval to raise 100 bln naira

28/2/2017/Reuters Nigeria’s Zenith Bank said on Tuesday it would seek shareholder approval next month to raise 100 billion naira ($318 million) via a combination of share or bond sale and global depository receipts. The lender also said it would seek approval to increase its share capital to 40 billion naira […]

SEC-NYU Dialogue On Securities Market Regulation: U.S. Securities-Based Crowdfunding

Culled—Proshare March 1, 2017/Closing Remarks by SEC Commissioner Kara M. Stein Good afternoon. Thank you all for contributing to this inaugural SEC-NYU dialogue on securities crowdfunding. In particular, I would like to thank each of the panelists, SEC staff in the Divisions of Economic and Risk Analysis and Corporation Finance, […]