March 17/SEC The following proposed new rule and amendments to the Commission’s rules and regulations are being exposed to stakeholders/general public for comments and input: A.     Proposed rules on Fund/portfolio management operations B.       Proposed amendments to various SEC rules on capital market operations; 1. Rule 19 (8) – Sponsored […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian naira on Monday commenced the week with a gain of 0.18 percent and traded 226 to a dollar on the parallel (black) market, according to Proshare daily exchange rate monitor. The report says the very weak demand for pounds sterling and euro […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday commenced the week on a bearish note amid sustained profit-taking as all share index (ASI) declined 2.57 percent to close at 29,929.56 basis points. Similarly, market capitalisation dropped by N263.6 billion to settle at N9.99 trillion; resulting to current Year-to-Date (Y-t-D) […]