Category: Capital Market

Chairman Conference Planning Committee Chartered Institute of Arbitrators visit SEC in Abuja

LEFT TO RIGHT: Chairman Conference Planning Committee Chartered Institute of Arbitrators (CIArb Nigeria) Mr. Sola Ephraim Oluwanuga and Ag. Director General Securities and Exchange Commission, SEC, Ms. Mary Uduk during a meeting between SEC and CIA in Abuja   LEFT TO RIGHT; Ag. Executive Commissioner Operations, Securities and Exchange Commission, SEC, Mr. Isyaku Tilde, Chairman…

EFCC probes 35 capital market fraud cases

THE Economic and Financial Crimes Commission (EFCC) is investigating about 35 fraud cases at the capital market. Sources confirmed at the weekend that the EFCC and the market regulators, especially Nigerian Stock Exchange (NSE), have stepped up collaboration on prevention of corrupt practices and market abuses with the NSE referring more cases to the anti-graft…

The Healthcare Industry records 47.664m shares worth N31.197m in 531 deals – NSE

The management of the trading floor of the Nigerian Stock Exchange (NSE) during released traded data for the week ended August 10, 2018 showed the Financial Services Industry topped the activity chart with 680.751 million shares valued at N5.283 billion traded in 8,524 deals; thus contributing 73.54% and 63.40% to the total equity turnover volume…

Investors lose N287bn as stocks take a hit

Investors in the equities market of the Nigerian Stock Exchange lost a total of N287bn on Friday as worsening political tensions and rising interest rates in the United States caused foreign investors to shun assets in Nigeria. The market capitalisation of listed equities fell below the N13tn mark to N12.941tn from N13.228tn on Thursday. The…