Capital Market – Page 65 – City Business News

June 19, 2019 No Responses

CBN Injects $210m Into Forex Market

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, June 18, 2019, indicated that authorized dealers in the wholesale segment of the...

June 16, 2019 No Responses

Elumelu To Empower 1,000 Northern Youths

Founder of Tony Elumelu Foundation, Tony Elumelu, has pledged to empower 1000 young entrepreneurs in northern Nigeria.Speaking on Saturday at Bayero University Kano (BUK), while receiving Doctor of Business Administration, Honoris Causa from the universi...

June 15, 2019 No Responses

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...

June 14, 2019 No Responses

Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee

In line with its commitment to ensure greater efficiency and boost its workforce, Heritage Bank Plc has received a nod from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute, with...

June 14, 2019 No Responses

Fidelity Bank, NIPOST Seal Agency Banking Partnership

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening financial inclusion in the country.The DMD, who disclosed this in...

June 14, 2019 No Responses

NSE Photo News

June 12, 2019 No Responses

CISI, NCMI Sign MoU To Boost Capital Market Growth

The Securities and Exchange Commission (SEC)/Nigerian Capital Markets Institute (NCMI) and the Chartered Institute for Securities & Investment (CISI) have commenced a partnership, which will continue the NCMI’s important mission to be a cataly...

June 11, 2019 No Responses

Photo News

June 10, 2019 No Responses

SEC Suspends Oando’s AGM

The Securities & Exchange Commission (SEC) has suspended the 2019 annual general meeting of oando plc earlier scheduled to told Tuesday, June 11th, 2019.In a statement on Monday morning, SEC said that, “further to the Ex-parte Order of the Federal...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

June 6, 2019 No Responses

Capital Market Operators seek Govt’s Intervention In Oando, SEC Crisis

Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc. They made the call in interviews with the News Agency of Nigeria (NAN) in...

June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company. According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...

June 2, 2019 No Responses

SEC, EFCC, Seek Prosecution Of Capital Market Offenders, Repatriation Of Stolen Funds

The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market.This agreement was reached when the Management of the SEC met with the Management ...

May 31, 2019 No Responses

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign

The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of affected Board Members. The commission in a statement on Friday also barred the Group Chief Executive Officer (GCEO), Wale T...