Capital Market

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 […]

Stocks Close Week in Red, Dips 0.95% on Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent to close at 27,596.82 and N9.479 trillion respectively and coming on the heels of profit-taking. “Similarly, all other Indices finished […]