SEC summons six directors over complaints on N300m investors’ funds
Lagos ( Vanguard) — THE Securities and Exchange Commission, SEC, yesterday, directed six directors of Transglobe Investment & Finance Company Limited to appear before it for an alleged unresolved complaints by investors worth more than N300 million against the company . . .
Continue reading “Nigerian Capital Market: SEC Summons 6 Directors Over Complaints On N300m Investors’ Funds”
Transactions on the Nigerian Stock Exchange (NSE) closed on Friday on a bullish note with market capitalisation appreciating marginally by N22 billion or 0.25 per cent . . .
Continue reading “Nigerian Stock Exchange Market Capitalisation Rises By N22bn”
Data has shown that 67.11& of the total transactions for the year in terms of value were handled by 10 brokers, amounting to N1, 275,421,593,085,75 . . .
Continue reading “10 broking firms handled N1.3trn transactions in 2015”
Stock Market Recovers N649bn in Two-day Rally
The Nigerian stock market recorded an unexpected rally last week, which led to a recovery of N648.8 billion in market capitalisation in two days . . .
Continue reading “NSE bull market recovers N649bn in 2-day rally”
A board showing stocks displayed on the wall at the Nigerian Stock Exchange in Lagos, February 13, 2015. The naira has crashed through the key level of 200 to the dollar this week in a rout sparked by weak oil prices and escalating tension over the postponement of a presidential election in Africa’s biggest economy. REUTERS/Joe Penney (NIGERIA – Tags: BUSINESS) – RTR4PGM1
Continue reading “Nigeria’s central bank to Issue ₦67.4B in T-bills”