May 28, 2024/NGX Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7 of 2007, warning of potential adverse economic consequences. The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have […]
Capital Market
K Government’s MOBILIST programme underlines commitment to Nigeria’s Capital Market for Sustainable Development
May 21, 2024/NGX The UK Government shares the belief that Nigeria will benefit from the further development of its capital market and is keen to support it through its Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme. Nigeria’s capital market can help contribute to the delivery of the country’s […]
SEC Releases Proposed New Rules on the Issuance and Allotment of Private Companies’ Securities
May 14, 2024/SEC Nigeria The Securities & Exchange Commission (SEC) is seeking to regulate debt issuances by private companies and has recently published a draft of the new rules for comments. The Draft is the legal framework under which private companies can raise capital publicly without converting to a public […]
