Uncategorized

Suspension: Brokers Seek Dialogue with SEC

By Goddy Egene, 21 Feb 2011   The leadership of the stockbroking community in the nation’s capital market will this week meet with the management of the Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) over the suspension of brokering houses and planned consolidation. The NSE had one […]

Intercontinental Bank gets CBN’s clearing awards

Monday, 21 Feb 2011 Intercontinental Bank Plc has won the Central Bank of Nigeria’s Clearing House awards for 2010. It emerged the Best Clearing Bank, Most Error Free Settlement and Punctual Bank in Akure, Ilorin and Makurdi zones, a statement from the bank on Saturday said.The statement said the bank […]

CSCS Lobbies to be Market Custodian

By Goddy Egene, 21 Feb 2011 The Central Securities Clearing Systems Limited (CSCS) is currently seeking the support of the Securities and Exchange Commission (SEC) to operate as a custodian in the nation’s capital market.   The CSCS is currently the clearinghouse for the market. It   clears and settles shares […]