By Peter OBIORA Investadvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday said Citibank Nigeria Limited and First Bank of Nigeria Plc (FBN) are awaiting the approval of Nigeria’s Securities and Exchange Commission (SEC) to function as Securities Lending Agents (SLAs) to its Marketing Making programme to be unveiled September 18 […]
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NSE to penalise defaulters on Market Short Selling
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) Tuesday said it will penalise defaulters on Market Short Selling. The NSE said this at the Market Making, Securities and Short Selling Workshop organised in Lagos Nigeria for Capital Market Stakeholders. From a Presentation titled “Market Operations-Key Highlights†[…]
Flour Mills inaugurates $65m facility
Flour Mills of Nigeria Plc has revealed plans to increase its shareholder value and boost its profitability through the inauguration of its ultra-modern milling facility. The facility named ‘West Mills’, is a milling facility housing three mills with a collective wheat grinding capacity of 2,250 metric tonnes per 24 hours. […]
