21/10/2016/SEC New Rule Proposed Rule for the Three-Tiered Know-Your-Customer (KYC) Framework for Capital Market Operators Sundry Amendments a. Proposed amendment to Rule 39(2) -Proposed New Rule on Fast Track Filing of Annual Reports b, Proposed amendment to Rule 305 -Proceeds of Issue c, Proposed amendment to the National Investor Protection […]
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Nigerian bourse pushes back derivatives launch to 2017 – CEO
22/10/2016/Reuters By Karin Strohecker Nigeria’s stock exchange, Africa’s second largest, will push back the launch of derivatives trading to 2017, starting with stocks futures once a clearing house has been established, its chief executive Oscar Onyema said on Friday. “We have been working very hard to set up a central […]
Stocks Close Week in Red, Dips 0.95% on Profit-Taking
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent to close at 27,596.82 and N9.479 trillion respectively and coming on the heels of profit-taking. “Similarly, all other Indices finished […]
