By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Monday directed all Fund Managers to register with the Fund Managers Association of Nigeria (FMAN), the umbrella trade Association established for all registered Fund/Portfolio Managers in Nigeria. SEC said it’s in pursuant to the powers conferred on it by Section […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) said on Monday it will henceforth reject incomplete applications made by any capital market operator (CMO) and issuer, the Nigerian securities regulator warned in a notice on its official website. Part of the notice reads thus: “The Securities and Exchange Commission […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Monday sustained its hold on the Nigerian equities market following the postponement of the 2015 general elections. All-share index (ASI) declined 2.08 percent to close at 29,360.55 points, while market capitalisation plunged by N208.38 billion to close at N9.80 trillion. According to a […]