By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost Registrar, First Registrars will Thursday launch a new product “First Dividend Plus Prepaid Card†to eliminate the issue of unclaimed dividend that has posed challenges for the Nigerian Capital Market (NCM). In a letter dated August 01, 2013 with reference number FRN/BDD/YOL/MOA/2013 made […]
Tag: Nigeria
SEC Out with New Rule to Boost Fixed Income Market
As part of efforts to deepen the capital market and make fixed income securities issuing process faster, the Securities and Exchange Commission (SEC) has introduced a new rule that will facilitate price discovery and marketing ahead of the opening of offers. SEC had in 2009 introduced Book Building process, which […]
US seeks more investment ties with Nigeria, others
THE United States Trade Representative, Mr. Michael Froman, has said American companies should share the benefits of trade with sub-Saharan Africa as the US examines extending duty-free access for imports from many nations on the continent, according to a Bloomberg report. The US African Growth and Opportunity Act, approved by […]
