Capital Market

Nigerian Bourse Ends Week Bullish, Access, GTBank, UBA Boost Market Breadth

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse on Friday ended the week on a bullish note as all-share index and market capitalisation climbed up by 6.52 percent to close on Friday at 29,383.93 and N 9.804 trillion. Market Breadth boosted by the performance of lenders, Access Bank Plc, Guaranty […]

SEC Unveils Exposure Draft Rules on Demutualization of Exchanges in Nigeria

By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Friday unveiled exposure draft rules on demutualization of Exchanges in Nigeria. SEC on its website said it’s in pursuant to section 313 of the Investments and Securities Act, 2007, the following proposed new regulations are made by the Commission.  Below […]

SEC, CBN pledge better collaboration to strengthen the Financial Sector

February 19, 2015/SEC   The Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have pledged closer collaboration to further strengthen the capital market and the Nigerian financial system in general.   This was part of the outcome of a meeting between the Deputy Governor, Financial System […]