By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday rebounded after plunging 0.77 percent Monday on the inauguration of President Muhammadu Buhari as the new leader of the Federal Republic of Nigeria. At the end of transactions on the Nigerian Stock Exchange (NSE) all-share index (ASI) closed at 34,061.89 points, […]
Capital Market
New Capital Base for CMOs: SEC Says No Going Back on Sept’ 30 Deadline
By InvestAdvocate Lagos (INVESTADVOCATE)- The Securities and Exchange Commission (SEC) on Monday said it would not grant any further extension to capital market operators (CMOs) who are yet to meet the new minimum capital requirements by September 30 deadline. The Commission in a circular on its official website advised all […]
SEC Directs Registrars to Return Unclaimed Dividends to Paying firms by June 30
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Monday directed all Registrars of public companies to return all unclaimed dividends, which have been in their custody for fifteen (15) months and above, to the paying companies. SEC in a circular dated June 1, 2015 said Registrars […]
