Capital Market

SEC Outlines Plans to Raise Capital Market Contribution to GDP

The Securities and Exchange Commission (SEC) has disclosed plans to raise the capital market contribution to gross domestic products (GDP) from its current level to be at par with markets in Brazil, Singapore and Malaysia. Director General of SEC, Ms. Arunma Oteh stated this at the third quarterly meeting of […]

Oteh: Illicit Financial Flows Cost Nigeria $140bn

The Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh has disclosed that Nigeria lost a total of $140 billion due to illicit financial flows between 2002 and 2011. Oteh made this revelation at the second annual business integrity lecture organised by the Convention on Business Integrity […]

N65 Billion Rights Issue: NSE Places Access Bank on Technical Suspension

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday announced it has granted anticipatory approval for the shares of Access Bank Plc to be placed on technical suspension. This is coming on the heels of the proposed Rights Issue of N68 billion by the Nigerian lender. ‘’The […]