Culled—Proshare December 19, 2016/Proshare Markets The performance of African Stock markets so far in 2016 has not been very impressive, looking at the current YTD performance, as most indices trade in the red zone. A quick review of African stock markets performance reflects that the Egyptian EGX 30 Index tops the […]
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Nigerian Equities Open Week Bearish
December 19, 2016/Cordros Research The Nigerian equities market started the week on a bearish note. Having shed 0.45%, the NSEASI closed at 26,586.56 points, recording its first loss in seven days. Today’s performance reduced the Month-to-Date gain to 4.94% and increased the Year-to-Date loss to 7.41%. The Oil & Gas […]
SEC Releases Circular on Regulatory Institution Directing Some Persons to Register as Dealing Members
19/12/2016/SEC The attention of the Securities and Exchange Commission (the Commission) has been drawn to a circular issued by a regulatory institution directing some persons to register as dealing members with the FMDQ OTC Securities Exchange, an Exchange registered by the Commission. Section 38 of the ISA, 2007, provides that […]
