Some Dealing Member Firms have indicated interest in changing their status of registration from Broker/Dealer to Broker only. Consequently the Securities and Exchange Commission has requested Dealing Member Firms seeking a change of status to obtain a letter of “No Objection” from The Exchange. Without prejudice to the Securities […]

By Obinna Chima The Asset Management Corporation of Nigeria (AMCON) Monday said it has received all the necessary regulatory approvals to float the earlier postponed N1.5 trillion fully tradeable bonds by the end of March. Chief Executive Officer and Managing Director, AMCON, Mr. Mustapha Chike-Obi, made this remark in a chat […]

By Ifeanyi Onuba, Abuja There are indications that UnityKapital Assurance Plc and the Bureau of Public Enterprises may be heading for a collision course over the decision of the latter to divest 24 per cent of the Federal Government’s equity in Transcorp Hilton Hotel. The outgoing Managing Director, UnityKapital, Alhaji […]