A rally by the stock market in December has helped the equities market to defy seasonality, analysts at Meristem Securities Limited have said. According to the Chief Executive Officer, Lambert Trust and Investments Limited, Mr. David Adonri, the equities market often declines in the fourth quarter of the year for […]
Tag: Equities
NSE All-Share Index Up by 0.94% to Close Week after Xmas Holidays
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Friday inched up by 0.94 percent (0.94%) to close the week after the Christmas holidays. The NSE ASI appreciated by +0.94% to close at 40,231.68 basis points, compared with the depreciation of -0.12% recorded previously. According to the Nigeria’s Exchange stock […]
Amendment to Rule 279 (5) Shelf Registration
Pursuant to Section 313(6) of the Investments and Securities Act 2007, the following proposed/new rules and amendments are made by the Commission. Rule 279 (5) (ii) of the Rules and Regulations is amended by the inclusion of the following provisions: 1. A shelf prospectus relating to non-equity securities issued by Supranational Agencies shall be […]
