Capital Market

SEC NIGERIA receives “Most Ethically Responsible Federal Commission 2012/2013” Award

Press Release/March 03, 2014 The Director General of SEC NIGERIA, Ms. Arunma Oteh, has received the honour of “Woman of Conscience” in her administration of a public sector company while SEC NIGERIA, which she leads, was declared the “Most Ethically Responsible Federal Commission 2012/2013”. Speaking during the award conferment at […]

Total Unclaimed Dividends for CIS Hits N168.3 Million-SEC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Total unclaimed dividends for collective investment schemes (CIS) in Nigeria as at December 2013 is N168.3 million. Louise Eni-Umukoro, director, collective investment schemes at the Nigeria’s Securities and Exchange Commission (SEC) disclosed this to InvestAdvocate in an e-mail she sent following enquires on the […]

Gold ETF inflows return Shift might confirm trend change

By Adam Hamilton March 9, 2014 Stock-market capital finally started flowing back into the flagship GLD gold ETF for the first time in 14 months in February. Though this buying was small, this is truly a momentous event. Extreme gold-ETF outflows were the dominant culprit behind last year’s epic gold […]