Shareholders approve Oando, OER buy-out offer
Shareholders of Oando Energy Resources (OER) Inc- the Toronto Stock Exchange (TSX)-listed exploration and production subsidiary of Oando Plc, have approved the proposal by...
N3.4bn tax impairs Daar Comms profit margin
The settlement of the huge tax commitment of N3.4 billion to the Nigerian Government has impaired the profit margin of Daar Communications Plc, Nigeria...
NAHCO targets more growth in the next 3 years
The Chairman of Nigerian Aviation Handling Company (NAHCO), Alhaji Suleiman Yahyah, has said the company is targeting 7 to 10 percent growth in the...
SEC, Judiciary collaborate on Investor Protection
The Securities and Exchange Commission (SEC) and the Nigerian Judiciary have pledged to collaborate in a bid to boost investor confidence in the dispute...
No more forbearance for Stock Brokage firms: AMCON Boss
The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, said there will not be any forbearance for stock broking firms...
SEC e-Dividend Campaign gets Royal endorsement
The Oba of Lagos, Oba Rilwan Akiolu has commended the Securities and Exchange Commission (SEC) on the on-going e-Dividend registration even as he urged...
GTBank launches $500m Eurobond
Guaranty Trust Bank Plc has launched a tender offer to repay a $500 million Eurobond, a move to deploy its available dollar liquidity ahead...
SEC Takes e-Dividend Campaign To Lagos
The Securities & Exchange Commission (SEC) is set to commence another round of sensitization campaign on e-Dividend Registration which is currently on-going in the...
Stockbrokers, others seek N200bn market intervention fund
The Chartered Institute of Stockbrokers, the Association of Stockbroking Houses of Nigeria and the Association of Issuing Houses of Nigeria want the Central Bank...
Nasdaq to Support NSE with Smarts Market Surveillance Technology
The Nigerian Stock Exchange (NSE) said it will acquire Nasdaq Smarts Market Surveilance platform to power their compliance program. According to a statement from...