By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Mid-tier lender, Skye Bank Plc on Monday said it has received a “No Objection” letter from the Securities and Exchange Commission (SEC) to acquire Mainstreet Bank from the Asset Management Corporation of Nigerian (AMCON). This is contained in a notice to the Nigerian Stock Exchange […]
Capital Market
NSE Opens Week Bearish, Y-t-D Loss Decline 26.22%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a bearish note as Year-to-Date (YtD) loss declined to 26.22 percent; while current Month-to-Date (MtD) stands at 11.73 percent. At the end of the session sell-offs in the Consumer Goods, Banking and Industrial sectors […]
SEC nod for bonds listing affirms FMDQ as integrated OTC exchange
Dec 15, 2014/BusinessDay The Securities and Exchange Commission’s (SEC) recent consent for bond listing and quotation on the FMDQ platform has affirmed it as an integrated OTC exchange. BusinessDay further learnt that the securities exchange is positioned to provide the same value-add and development to fixed income mutual funds, which […]
