Capital Market

ETI Converts Preference to Ordinary Shares

October 24, 2016/NSE Further to the earlier communication on this matter, you will recall that by a resolution passed on the fourteenth day of September 2011 the Board of Directors of Ecobank Transnational Incorporated (ETI) approved the acquisition of Oceanic Bank International Plc (Oceanic). In line with the Terms on […]

London Stock Exchange Provides $26bn for African Companies in 10 Years

By Goddy Egene The London Stock Exchange (LSE) has provided $26.1 billion for African companies in the last 10 years, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has said. Onyema disclosed this while speaking at the third “London & Lagos Capital Markets in Partnership’ […]

SEC Proposes New Rule & Sundry Amendments

21/10/2016/SEC New Rule Proposed Rule for the Three-Tiered Know-Your-Customer (KYC) Framework for Capital Market Operators Sundry Amendments a. Proposed amendment to Rule 39(2) -Proposed New Rule on Fast Track Filing of Annual Reports b, Proposed amendment to Rule 305 -Proceeds of Issue c, Proposed amendment to the National Investor Protection […]