By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-MeriTrade online portal can offer investors in the Nigerian capital market (NCM) an opportunity to trade in shares of quoted companies with as low as 50,000 naira. Oluwole Abegunde, managing director (MD) of Meristem Securities Limited said investors can buy and sell shares of companies […]
Capital Market
CBN approves closure of 83 micro-finance banks
The Central Bank of Nigeria (CBN) has approved the liquidation of 83 micro-finance banks, Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit Insurance Corporation (NDIC), said on Tuesday in Abuja. Ibrahim, who made the disclosure when he appeared before the Senate Committee on Banking and Currency to defend NDIC’s 2014 […]
Introduction of electronic filing of quarterly returns by capital market operators
To All Capital Market Operators, Recall that there was a circular informing all Capital Market Operators of the change in the system of filing quarterly statutory returns with the Commission. The new quarterly returns template is now available for download. An instruction manual has also been made available as […]
