The International Organisation of Securities Commission has said that efforts are being made to boost the global securities market. According to the commission, this has become imperative if the global economy is to have the right global institutional structures in place for the tasks at hand and the profound market […]
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Experts fault FG’s debt relief to stockbrokers
Financial experts have faulted the debt relief package given to 84 stockbrokers by the Federal Government, saying that the action will promote moral hazard. A report by the Financial Derivatives Company Limited noted that the selection of 84 stockbrokers to be anointed as debt-free, threw out the question of selective […]
Retail Investors May be Restricted to Mutual Funds
Retail investors may be prohibited from investing directly in the Nigerian equities market if the recommendation of the Committee for the Resuscitation of the Capital Market set up by the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, is adopted. Currently, retail investors with as low […]
