As the Securities and Exchange Commission (SEC) continues to grapple with its self- inflicted credibility hiatus arising from the probe scandal by the House Committee on Capital Market, it is now emerging that the SEC’s record in addressing infractions in the market and the apparent compromise of its oversight functions […]
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CBN releases guidelines for repurchase transactions
The Central Bank of Nigeria has released guidelines for the conduct of repurchase transactions under the apex bank’s standing facilities. A circular by the CBN on Monday said the guidelines contained the terms and conditions for the operation of the standing lending facility and term repurchase facility and should be […]
Dangote Cement to list on LSE in 2013
Dangote Cement Plc has indicated its plans to list on the London Stock Exchange in 2013. The Chairman of Dangote Group, Alhaji Aliko Dangote, was quoted as saying that he intended to float a 20 per cent stake in Dangote Cement to finance its rapid expansion. “We want to list […]

