Global Securities Regulators Welcome Agreement on Data Transfer

Global Securities Regulators Welcome Agreement on Data Transfer

The International Organization of Securities Commissions (IOSCO) and the European Securities and Markets Authority (ESMA) welcome the Opinion of the European Data Protection Board (EDPB) on their administrative arrangement for the transfer of personal data between European Economic Area (EEA)...
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Eterna Photo News

Eterna Photo News

L – R shows Mr. Olumide Bolumole, Head, Listing Business Division, The Nigerian Stock Exchange (NSE) presenting a replica of the closing gong to Mr. Mahmud Tukur, Managing Director/CEO, Eterna Plc during a Closing Gong Ceremony to commemorate its 30th y...
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Jude Chiemeka, Olumide  Bolumole Join NSE’s  Executive Management Team

Jude Chiemeka, Olumide Bolumole Join NSE’s Executive Management Team

The Nigerian Stock Exchange (NSE) has announced the appointment of Mr. Jude Chiemeka and Mr. Olumide Bolumole to its Executive Management Team.  Mr. Olumide Bolumole joins NSE as Divisional Head, Listing Business while Mr. Jude Chiemeka joins as Divisiona...
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Nigeria Injects $289m, CNY38.70m Into Retail Secondary Forex Market

Nigeria Injects $289m, CNY38.70m Into Retail Secondary Forex Market

In another round of intervention, the Central Bank of Nigeria (CBN) on Friday injected 289.76 million dollars in the retail Secondary Market Intervention Sales (SMIS). The CBN also intervened to the tune of 38.70 million Chinese Yuan in the Spot...
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CBN Boosts Forex Market With $210m

CBN Boosts Forex Market With $210m

The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum of $210 million into the forex market. In the forex trading on Tuesday, January 8, 2019, the...
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Stock Markets Record Worst Year In Ten Years

Stock Markets Record Worst Year In Ten Years

Investors will be glad to see the back of 2018 after many global stock markets suffered their worst year in a decade. The FTSE 100’s traditional early New Year’s Eve close saw it end the year down 12% at 6,728.13...
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How To Reduce Cost Of Doing Business In Nigeria’s Capital Market,  By SEC Boss

How To Reduce Cost Of Doing Business In Nigeria’s Capital Market, By SEC Boss

When properly leveraged, technology will reduce the cost of doing business in Nigeria’s capital market, Acting Director General of the Securities and Exchange Commission, SEC, Mary Uduk has said  According to Uduk, this is one of the reasons the apex...
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Nigeria Lifts Forex Market With $210m

Nigeria Lifts Forex Market With $210m

With the resumption of business after the Christmas and Boxing Day festivities, the Central Bank of Nigeria (CBN) on Thursday, December 27, 2018, intervened in the inter-bank sector of the Foreign Exchange market, injecting $210 million in the wholesale segmen...
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SEC Nigeria Pledges To Tackle Identity Theft In Capital Market

SEC Nigeria Pledges To Tackle Identity Theft In Capital Market

The Securities and Exchange Commission, SEC, has urged shareholders to monitor their investments in the capital market, assuring that the Apex Regulator will live up to its responsibilities on investor protection.   Acting Director General of the SEC...
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Investors Stake N6.1b On Union Diagnostic, Zenith Bank, Access Bank In One Week

Investors Stake N6.1b On Union Diagnostic, Zenith Bank, Access Bank In One Week

For the week ended December 21, 2018, investors on the floor of Nigerian Stock Exchange (NSE) staked N6.053 billion on 619.444 million shares of Union Diagnostic & Clinical Services Plc, Zenith Bank Plc, and Access Bank Plc.  At the end...
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Oscar Onyema: NSE Has Commenced Process To Change Legal Status, Structure, Governance

Oscar Onyema: NSE Has Commenced Process To Change Legal Status, Structure, Governance

 Inline with ongoing demutualisation agenda, the Nigerian Stock Exchange (NSE) has commenced legal process to change its status, structure and governance.  According to the Chief Executive Officer of NSE, Oscar Onyema, the successful conclusion of th...
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NSE Unveils Sustainability Disclosure Guidelines

NSE Unveils Sustainability Disclosure Guidelines

The Securities and Exchange Commission (SEC) has approved Nigerian Stock Exchange (NSE) Sustainability Disclosure Guidelines (SDG). NSErecognizes that the promotion of Environmental, Social and Governance (ESG) principles can facilitate more meaningful engagem...
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Nigeria Boost Forex Market With $210m

Nigeria Boost Forex Market With $210m

The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210 million to boost sales in the inter-bank segment of the market. In the sales conducted on Monday, December...
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41 Items: CBN To Sanction Firms, Directors

41 Items: CBN To Sanction Firms, Directors

The Central Bank of Nigeria (CBN) is to sanction Banks, their customers, firms that abuse its policy restricting foreign exchange (forex) allocation to 41 items.  According to the CBN, culprits are to be investigated by the Economic Intelligence Unit of.....
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