Capital Market

SEC Notifies on Extension of Investments and Securities (Exemption of State Governments etc.) Order 2019

September 22, 2023/SEC Nigeria The Securities and Exchange Commission wishes to notify all Capital Market Operators (CMOs) and the general public that the Federal Ministry of Finance has approved a further extension of validity period of the Investment and Securities (Exemption of State Governments etc. – ’’Exemption Order’’) Order 2019 […]

Chapel Hill Denham to list N200bn infrastructure fund on NGX

October 4, 2023/NGX In a significant development, Nigerian Exchange Limited (NGX) is set to admit the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund by Chapel Hill Denham, onto the Exchange. The Exchange, in commemorating the listing, will host a Facts Behind the Listing and Closing […]

NGX Announces Prohibition of Cash Payments for Purchase and Sale of Securities

September 26, 2023/NGX Trading License Holders are reminded that cash payments for the purchase and sale of securities is strictly prohibited. The relevant provisions of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) have been reproduced below for ease of reference:  Rule 11.13: Payments for Purchase or Sale of […]