Category: Capital Market

FMDQ set to improve Housing Sector, Admits Mixta Real Estate PLC Bonds and Commercial Papers to its Platform

L-R: Mr. Kayode Akinkugbe, Managing Director/CEO, FBNQuest Merchant Bank Limited, Mr. Bola Onadele. Koko, Managing Director/CEO, FMDQ OTC Securities Exchange, Mr. Kola Ashiru-Balogun, Managing Director, Mixta Real Estate (Nigeria) PLC, during the signing of the Listing & Quotation Registers at the Listing & Quotation Ceremony for the Mixta Real Estate (Nigeria) PLC Bonds & CPs at Exchange Place, Lagos.…

Newrest ASL seeks to delist from NSE

Newrest ASL Nigeria Plc has filed application seeking to delist its entire shares from the Nigerian Stock Exchange (NSE). The NSE yesterday confirmed that it has received application from the board of directors of Newsrest ASL, kick-starting the formal regulatory approval process for a voluntary delisting of its shares from the Exchange. In the application…

AfDB approves $15m equity fund for SMEs

The Board of Directors of the African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high growth middle market companies in Anglophone West Africa including Nigeria, Ghana, Liberia, Sierra Leone and the Gambia. The Fund’s investments will be in…

Group takes agitations for Gwarzo’s prosecution to Presidency

As agitations by civil society groups on the fraud cases levelled against the suspended Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, continued to gather momentum, another civil society group, the Concerned Industry Watchers, on Wednesday petitioned President Buhari that he should use his good offices to ensure that all cases against…

Nigeria Coronation Merchant Bank ranked among other 4 World’s best investment banks for Global Award

Global Finance magazine has disclosed the named for its 20th annual World’s Best Investment Banks in an exclusive survey to be published in the April 2019 issue. It was disclosed that all winning organizations will be honoured at an awards ceremony on the morning of October 19, 2019, at the National Press Club in Washington,…

NSE to launch new trading platform for mutual funds

Authorities at the Nigerian Stock Exchange (NSE) will this weekend launch a new trading platform for collective investment schemes (CIS), otherwise known as mutual funds. The platform is expected to facilitate electronic transactions with seamless connection among key parties in transactions, including the Exchange, Central Securities Clearing System (CSCS), stockbrokers and fund managers. The NSE…