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NSE seeks foreign investors, plans Islamic products

  The mutualisation of Nigerian Stock Exchange (NSE), may soon usher in new investors into the capital market, with further plans to introduce new issues, which would include Islamic products, the Director-General of Securities and Exchange Commission (SEC), Ms Arunma Oteh, has said.   “The Nigerian Stock Exchange is in […]

Fed Govt dissolves FMBN Board

    060910, Nkechi Onyedika   The Federal Government has dissolved the board of the Federal Mortgage Bank of Nigeria.   In a statement yesterday in Abuja, the Minister of Lands, Housing and Urban Development, Chief Nduese Essien, said that the dissolution of the board which was approved by President Goodluck […]

Dangote Cement to List, merger with BCC approved by SEC

  060910, , Bday   A plan well passed advanced stages by Dangote Group to list the shares of its cement subsidiary, Dangote Cement, on the Nigerian Stock Exchange (NSE) is set to cause a major shakeup of the capital market in the country that could affect its shape and […]