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Capital Market scam: Okumagba absent as Case adjourned to January 25

Albert Okumagba, Managing Director, BGL Group November 6, 2017/SEC Chief Magistrate Chinyere  Elewe Nwecheonwu of Chief Magistrate Court Zone 6, Abuja on Monday adjourned till January 25, 2018, further hearing on… Read more »

NSE Unveils Notification of Effective Dates of Rules​​

1/11/2017/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below. NOTICE IS HEREBY GIVEN THAT, the following Rules, which are… Read more »

CSCS Names Haruna Jalo-Waziri as New CEO

October 30, 2017/CSCS Pursuant to the Securities and Exchange Commission’s (SEC) “No Objection”, the Board of Directors of the Central Securities Clearing System (CSCS) Plc is pleased to announce the… Read more »

MSCI keeps Nigeria in frontier indexes, no longer under review

October 27, 2017/NSE MSCI announced today its decision to retain the MSCI Nigeria Indexes in the MSCI Frontier Markets Indexes. The market will be removed from the review list for… Read more »

How SEC Director-General Illegally Paid Self Severance Benefit, Awarded Contracts To His Companies

October 25, 2017/Sahara Reporters Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Haliru Gwarzo, SaharaReporters can exclusively reveal, has perpetrated a variety of fraudulent activities since his appointment… Read more »

NSE Says SEC Approves Effective Dates of New Rules for Dealing Members

October 25, 2017/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below. Notice is hereby given that, the following Rules,… Read more »

UAE Securities And Commodities Authority (SCA) Launched A Strategy For Islamic Capital Mkt Dev.

Culled—Proshare 9/10/2017/Mondo  The Securities and Commodities Authority (SCA) launched a strategy for Islamic capital market development. The strategy includes the supervisory role played by SCA (legislation and powers), the role… Read more »

NSE CEO Receives Professional Excellence Award

1/10/2017/NSE The Chief Executive Officer (CEO) of The Nigerian Stock Exchange (“NSE” or “The Exchange”), Mr Oscar N. Onyema, OON was yesterday given the Professional Excellence Award – Capital Market… Read more »

PwC’s Nigeria Capital Markets Update September 2017

Culled—Proshare September 26, 2017/PwC Introduction This snapshot of the equity and debt capital markets in Nigeria for the half year ended June 30, 2017 includes issuances for the past 5… Read more »

NSE Council Votes Ogunbanjo as President, Elects New Members

September 25, 2017/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the election of Mr. Abimbola Ogunbanjo as the new President of National Council of the… Read more »