Capital Market

SEC,NSE,CSCS rake in N9.4bn in 2013

Three agencies in charge of the Nigerian capital market – Securities and Exchange Commission (SEC), Nigerian Stock Exchange (NSE) and Central Securities Clearing System (CSCS) – earned N9.360 billion from equity sales in 2013 an investigation revealed. Daily Trust gathered that the SEC got 0.3 per cent of total value […]

Heritage Bank plans to list on NSE

Heritage Bank is planning to list its shares on the Nigerian Stock Exchange in the next two years, an Executive Director, Heritage Bank; Mrs. Mary Akpobome, has said. A statement from the bank quoted Akpobome as saying in Lagos that the regional bank planned to list its shares on the […]

HSBC to announce bonuses totaling $4 billion: report

HSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sources. Referring to an unnamed source close to the bank, Sky also […]