The Nasarawa State University, Keffi (NSUK), on Friday began construction of the permanent site of its Institute of Capital Market Studies, a project stakeholders say will redefine the future of Nigeria’s economy and strengthen Africa’s financial market research capacity. At
The Chairman of the Investments and Securities Tribunal (IST), Amos Azi, has disclosed that the newly enacted Investments and Securities Act now prescribes punitive measures of no less than ten million naira against operators of Ponzi schemes. Azi made this
…SEC DG Provides 2025 Capital Market Outlook Barbara Bako, Abuja. The Securities and Exchange Commission (SEC) has announced that over N2.7trn capital has been raised in the capital market by banks and other companies. The statistic, which comprises
Barbara Bako, Abuja. The Chairman, Investments and Securities Tribunal (IST) Amos Azi has revealed that the Tribunal has entered into partnership with the National Judicial Council (NJC) for the on- boarding of IST into an E-filing portal that
The Chairman, Senate Committee on Capital Market Senator Osita Izunazor has said that he will push for the amendment of the constitution so the Investments and Securities Tribunal (IST) which has been recognised by the Supreme Court as the sole
The UK Government has expressed commitment to support Nigeria develop its thriving capital markets and sees its Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme as a strong basis for collaboration with Nigeria’s financial sector. Nigeria’s capital market can
The Securities and Exchange Commission (SEC Nigeria) has issued New Rules on Issuance and Allotment by Private Companies Securities, declaring that unauthorized persons who issue or allot securities shall be liable to a penalty not less than N10 million in
Market regulators, layers and other key stakeholders this Tuesday celebrated the outgoing Group Chief Executive Officer of NGX Group, Mr Oscar N. Onyema. The pulling out ceremony was to celebrate Onyema’s 13 years contribution to the Nigerian capital market. Mr Onyema,
Nigeria’s Vice President, Kashim Shettima has said that the infrastructural deficit in the West African sub-region can be better tackled from inside and not through foreign borrowing alone, adding that the job of the capital market in Nigeria and across
The Association of Capital Market Academics of Nigeria has called on President Bola Tinubu to set up a Capital Market Advisory Committee (CMAC) comprising capital market experts in the industry and the academia to provide research-based advice to the
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