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SEC Working on Crowdfunding Regulation – Uduk

The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, at the weekend hinted of arrangements being made by the commission to design a framework that would regulate the use of crowdfunding by small businesses to raise capital in the Nigerian Stock Exchange. Uduk, who gave this hint while interacting with […]

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MTN Targets $500m From IPO In Nigeria’s Bourse

MTN, Nigeria’s leading telecoms services provider, is set to raise about $500 million from the the sale of its shares through Initial Public Offering (IPO) in the Nigerian Stock Exchnage (NSE) before the first half of this year ends. The IPO would enable the company fulfil the terms of a pact it had with the […]