Securities and Exchange Commission (SEC) has concluded arrangements to proscribe underhand trading in the shares of unlisted public limited liability companies (Plcs). Anyone or institution that henceforth facilitates or engages in underhand trading on securities of unlisted public limited liability company shall be liable to monetary fine and sanction by SEC, […]
Capital Market
NSE All-Share Index Down 1.05% to Close Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) all-share index (ASI) Friday depreciated 1.05 percent (1.05%) to close the week at 38.898.14 basis points (BPS). Analysts at Cordros Capital Limited said a four-week winning streak on the Nigerian bourse came to a halt as a combination of factors […]
SEC releases rules on assets securitisation
Securities and Exchange Commission(SEC) is previewing a draft of rules on assets securitisation, in a bid to further deepen the capital market’s portfolio of instruments. The rules on assets securitisation is the groundwork for the emergence of asset-backed securities (ABS) including mortgage backed securities (MBS) and other physical and non-physical […]
