Oluwatoyin Sanni, Group CEO United Capital Plc January 17, 2017/United Capital Plc Lagos; Nigeria; 17 January 2017: United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim […]
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Bears Dominate Local Bourse, Drags ASI Lower 0.36% on Weak Investors Confidence
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-As expected, the bears dominated the domestic bourse, dragging the all-share index lower by 0.36 percent to close at 26,278.20 points. “Following today’s negative close, the Year-to-Date loss increased to -2.22 percent,” according to Cordros daily market update. The report says the Consumer Goods index […]
SEC Proposes New Rules for Capital Market Holding Companies
17/1/2017/SEC NEW RULE: CAPITAL MARKET HOLDING COMPANIES RULES This Rule is proposed to create a robust framework for the regulation and supervision of Capital Market Holding Companies (CMHC). The Rule encompasses the entire spectrum of the regulation of CMHCs: pre-registration requirements, registration requirements, corporate governance structure, ownership and control, permissible […]
