By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday clarified the effective date of rules approved by the Securities and Exchange Commission (SEC), the NSE said in a notice signed by Tinuade Awe, head, legal and Regulation division. This is coming on the heels of uncertainty amongst concerned stakeholders […]
Capital Market
Equities Maintains Downward Trajectory, Index Dip 1.22% on Banking Sector Losses
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday sustained its downward trajectory as all-share index (ASI) dipped 1.22 percent to close at 33,466.41 points, while market capitalisation reduced by N88.62 billion to close at N11.42 trillion. This is coming on the heels of continued losses in the banking sector […]
SEC Approves Par Value Rule for Stocks to Trade at 1kobo
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) has on 2 June 2015, approved the Par Value Rule submitted to it by the National Council of the Nigerian Stock Exchange (NSE) on 5 March 2015. This is coming on the heels of the draft Rule submitted (for […]
