Capital Market

NSE Gains 3.79% to Reverse Recent Losses

  By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday gained 3.79 percent to reverse recent losses. At the close of trading on the local bourse, all share index (ASI) closed at 27,777.83, basis points, while market capitalisation climbed up by N351.51 billion to N9.55 trillion. Cordros daily market […]

IOSCO Names Paul P. Andrews of FINRA Secretary General

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of the International Organisation of Securities Commissions (IOSCO) on Wednesday announced it has appointed Paul P. Andrews as its new Secretary General. IOSCO said Andrews is currently the vice president and managing director of International at the Financial Industry Regulatory Authority (FINRA). “He will […]

NSE Suspends Article 88(B)(4)(B) Rules & Regulations Governing Dealing Members

December 14, 2015/NSE NOTICE IS HEREBY GIVEN THAT, Article 88(b)(4)(B) of the Rules and Regulations Governing Dealing Members (Amendments and Additions, Part I) titled “Trade Types” which became effective upon the Securities and Exchange Commission’s approval on 22 November 2013, is hereby suspended until further notice.      The decision […]