Category: Capital Market

Fraud: NSE summons Ogiemwonyi, Ojo, others

The Disciplinary Committee of the National Council of the Nigerian Stock Exchange has summoned Mr. Victor Ogiemwonyi, Mr. Mathew Ojo, Mr. Alex Adeusi, Mr. Fisayo Jassey-Jabarr and Partnership Securities Limited, a dealing member of the NSE, to appear before it to answer for allegations of fraud. The appearance of the aforementioned persons is scheduled for…

SEC Drags Akinsemoyin To Court For Capital Market Identity scam

The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before the Ikeja magistrate court 1 on charges of conspiracy , forgery, fraud and impersonation contrary to sections 412, 380 and 368 of the Lagos state criminal code. The…

Nestle Boss Performs Market Closing Bell Ceremony At NSE.

L-R: Mrs. Ndidi Okonkwo-Nwuneli, Member Board of Directors, Nestle Nigeria; The CEO Nigerian Stock Exchange, Mr. Oscar Oyeama, Chairman of  Nestle Nigeria, Mr. David Ifezulike; MD/CEO of Nestle Nigeria, Mr. Mauricio Alarcon and Mr.  Gbenga Oyebode Member, Nestle Nigeria Board of Directors,  at the closing bell ceremony of the Nigerian Stock Exchange on Monday, 30th October, 2017. L-R: Chairman…

Ndanusa Applauds SEC For Establish Capital Market Development Fund

The Securities and Exchange Commission (SEC)has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF) Advertisement Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa  commended the  SEC on its efforts at discharging its primary mandate of regulating and developing the Nigerian…

FBN Holdings Impairment charge decline by 15per cent to N98bn from N115bn in nine months 

The group Impairment charge for credit losses was down by 14.9 per cent to N97.6 billion as against N114.7 billion reported in nine months ended September 30, 2016AdvertisementIn a statement made available to the Nigerian Stock Exchange (The NSE), which was published on Thursday, revealed that the FBN Holdings as a group in its unaudited results shown…

UK urges more investments in Nigeria

The British government has called on international businesses to invest in the long-term potential of the Nigerian market. The call was made on Friday by the United Kingdom International Development Secretary, Priti Patel, as she opened the London Stock Exchange just as she welcomed London’s first African convertible bond at the LSE. In an address…