Investors Bite

NSE fines African Alliance N46.1m for late account submission

April 16, 2018/The Nation Omobola Tolu-Kusimo •Firm records N21b negative reserve The Nigerian Stock Exchange (NSE) has imposed a fine of N46. 1 million on African Alliance Plc for breaking its rule on account submission. According to NSE X-Compliance Report, released on April 12, 2018, the  fine is for late […]

SEC Staff to Host Roundtable on Market Structure for Thinly-Traded Securities

April 16, 2018/US SEC The Securities and Exchange Commission on April 13, 2018 announced its staff will host a roundtable on April 23 that will address the market structure for thinly-traded exchange-listed securities, both equities and exchange-traded products.  The roundtable, which will be held at the SEC’s headquarters at 100 F Street, […]

SEC Sets for First CMC Meeting 2018

April 16, 2018/SEC The Securities and Exchange Commission (SEC) is set to host the First Capital Market Committee (CMC) meeting for 2018. The meeting is scheduled to hold in Lagos from Thursday April 19 to Friday April 20, 2018 at the Federal Palace Hotel, Victoria Island, Lagos. According to a […]