The Chief Executive Officer of Nigeria Stock Exchange (NSE) and President of African Securities Exchanges Association (ASEA), Oscar Onyema, has promised that he would prioritise capacity building in member-bodies’ capital markets during his tenure. He gave the promise during an interactive session with the World Federation of Exchanges (WFE) media team. Onyema explained that his […]
The Securities and Exchange Commission (SEC) Nigeria today restated the need for business owners in the country to embrace corporate governance as a desirable option to grow their enterprises, improve shareholders’ funds and profitability on a sustainable basis. The commission’s Acting Director General, Ms. Mary Uduk, gave the advice during her comments as one of […]
The United States Consul General, Mr. John Bray, today advised the Nigerian government to enhance the modernisation of the nation’s agricultural sector as a strategic step towards meeting the needs of population growth and sustainable development. The envoy gave the advice at the African Food and Products Exhibition and Conference (AFPE) with the theme ‘Non-Oil […]
The Securities and Exchange Commission (SEC) Nigeria, has restated its determination to improve investors’ confidence through various initiatives currently being implemented as part of the 10-Year Capital Market Master Plan. Giving the assurance while receiving her award for Exemplary Leadership given by the West African Student Union Parliament (WASUP) in Abuja, the Acting Director General, […]
The Debt Management Office (DMO) on Tuesday indicated that the Federal Government would offer for subscription by auction N70 billion worth of bonds in its May 23 auction. The offer circular which was hosted on the DMO’s website, showed that government would sell N20 billion of a five-year re-opening issue maturing in April 2023 at […]
International Organization of Securities Commissions (IOSCO) has resolved to focus on key issues affecting regulators worldwide and proffer ways of tackling the challenges. A statement issued by the Acting Head, Communications Department of the Securities and Exchange Commission (SEC) Nigeria, Mrs. Efe Ebelo, on the outcomes of the conference indicated that the International Organisation’s expressed […]
Nigeria’s capital importation in the first quarter of the current fiscal years grew to $6,303.63 million, representing a significant year-on-year growth of 594.03 percent and a 17.11 percent growth over the figure reported in the previous quarter. The National Bureau of Statistics (NBS) attributed the geometrical increase in the capital inflow in the quarter under […]
The West African Securities Regulatory Authorities (WASRA) at the weekend agreed to converge existing rules of capital market regulatory agencies within the region as a strategic option of ensuring cross-border listing of companies The move is to allow foreign companies carry out their businesses within the region and assist in deepening the West African sub-regional capital […]
The Federal Government disclosed today that it raised N345.75 million from the sales of savings bond in March and April this year. According to the details of the debt instrument transactions published on website of the Debt Management Office (DMO) , N151.82 million was allotted in March and N193.93 million in the April sales. A […]
The Securities and Exchange Commission (SEC) Nigeria on Friday disclosed that plans were ongoing to ensure that companies seeking to raise funds through Initial Public Offering (IPO) in the capital market make such offering electronically in line with emerging trends globally. Already, a committee had been set up to consider the procedures and modalities the […]