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Nationalised banks: AMCON begins sale process next week

The Asset Management Corporation of Nigeria will next week begin the process of selling the three nationalised banks that it acquired last year. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, told our correspondent on Thursday that the corporation would roll out the timetable that would guide the public and interested […]

Nigeria’s SEC Resolve 709 out of 1,393 complaints in 2011

Lagos (INVESTADVOCATE)-Nigeria’s Securities & Exchange Commission (SEC) has said it resolved 709 out of the 1,393 brought to it in year 2011. Arunma Oteh, Director General of the Commission said this in a Media briefing of the Nigerian Capital Market. During the year under review, the Commission strengthened its working […]

SEC Nigeria signs Memorandum of Understanding with Kenya

Press Release In an apparent move to further restore investor confidence in the Nigerian capital Market, fight financial crime and boost investment inflow into the market, the Securities and Exchange Commission, SEC Nigeria, yesterday in Mombasa, Kenya signed a bilateral Memorandum of Understanding (MOU) with the Capital Market Authority of Kenya. […]