—–Demands ‘No Objection’ Letter From Regulatory Agencies March 3, 2022/SEC Nigeria The Securities and Exchange Commission has stated that Issuers would henceforth be required to obtain the reference letter of “No-Objection” from their respective primary regulators and file same along with other application documents presented to the Commission. This was […]
Capital Market
NGX Group Announces Growth of 22.2% in Profit after Tax
March 32, 2022/NGX Nigerian Exchange Group (“NGX Group” or “The Group”) Plc is pleased to announced that it has released its audited results for the full year ended 31 December 2021, on Tuesday, 01March 2022. The Group’s audited results revealed that its gross earnings grew to N6.8 billion from N6.0 […]
Clarifying the Role of NGX Regulation Limited in the Determination of Listing Price of Issuers
February 23, 2022/NGX The attention of NGX Regulation Limited (NGX RegCo) has been drawn to a misconception regarding the role of NGX RegCo in determining the listing price of prospective listed companies (Issuers) seeking to list on Nigerian Exchange Limited (NGX). Recently, several commentators have raised concerns over the listing […]
