The Federal Ministry of Finance, Federal Ministry Trade and Investments and the Securities and Exchange Commission (SEC) are working on the modalities of how to facilitate better access to venture capital in the country. The Director-General of SEC, Ms. Arunma Oteh, disclosed this while speaking at the Rivers State Investors’ […]
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Money supply growth falls below 25% target – Report
Money supply grew at a slow pace of 0.8 per cent in September to N12.6tn with an annualised growth of 13.1 per cent in money supply compared to the target of 25 per cent. Information made available by the Fianacial Derivatives Company Limited also showed that narrow money supply, which […]
NSE pegs market makers’ minimum capital at N500m
The Nigerian Stock Exchange has fixed the minimum capital requirement for market makers at N500m, in its drive to boost investors confidence in the capital market. A top management source at the Exchange told our correspondent on Tuesday that though the sum had not been made official to dealers, the […]
