Capital Market

Skye Bank Takes-Over Mainstreet from AMCON, Names Interim Management

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) –Mid-tier lender, Skye Bank Plc on Monday said it has taken over Mainstreet Bank Limited from the Asset Management Corporation of Nigeria (AMCON), according to a notice from the bank. Skye bank said it formerly took over Mainstreet Bank from AMCON on 18 December […]

262 Capital Market Operators Beat Recapitalisation Deadline as SEC Extends to Sept’ 15

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Securities and Exchange Commission (SEC) on Monday announced the extension of the new minimum capital requirements for capital market operators to September 30, 2015 as 262 met the requirement as at December 24, 2014 deadline. SEC in a notice on its official […]

NSE woos more companies to alternative securities market

The Nigerian Stock Exchange has intensified efforts to attract more companies to its Alternative Securities Market. The NSE ASeM is a specialised board for the listing of emerging companies operating in Nigeria. The Exchange developed the board to accommodate small and mid-sized companies, with high growth potential, seeking to access […]