Archives for CAPITAL MARKET
SEC Develops Investor’s Data, Consent Form
Uduk By Ngozi Onyeakusi-- In a bid to address challenges associated with identity management in the capital market, the Securities and Exchange Commission, SEC has developed a standardized Investor’s Data…
CSCS Boss appointed CSD representative on the global ISSA Operating Committee
By Ngozi Onyeakusi-- The International Securities Services Association (ISSA) announces the appointment of Mr. Haruna Jalo-Waziri, the Chief Executive Officer of Central Securities Clearing System (CSCS) Plc, as the representative…
Ponzi Scheme Promoters to Face the Wrath of the Law -SEC
Uduk By Ngozi Onyeakusi-- The Securities and Exchange Commission, SEC has said it will continue to work to protect investors and also ensure the promoters of Ponzi schemes are made…
SEC Unveils Regulatory Framework For Crowd Funding …. Pegs paid up capital at N100m
Uduk By Ngozi Onyeakusi-- Conscious of the need to further deepen the nation’s capital market and enable it provide development capital for Medium and Small-scale Enterprises of the economy, Nigeria’s…
Sterling Bank reports 15% growth in net profit in 2019
Suleiman By Ngozi Onyeakusi-- Sterling Bank Plc, a full-service national bank, has reported an audited profit after tax (PAT) of N10. 6 billion on gross earnings of billion for the…
COVID-19: CSCS activates Business Continuity Plan, goes fully digital
By Ngozi Onyeakusi--As a critical financial market infrastructure (FMI), the Central Securities Clearing System (CSCS) Plc has reiterated its commitment to continued delivery of efficient service through the challenging coronavirus…
Patronise Illegal Schemes at Your Risk –SEC Warns Nigerians
Jeremiah Chukwu Ogbuka Suspected of Impersonating MD of Vetiva Capital LTD, Arrested by Securities and Exchange Commission> Police Unit, Arraigned at the Chief Magistrate Court, Wuse zone 6 By Ngozi…
Fidelity Bank Grows Profit By 24%, As PBT Hits N30.4bn In 2019
Okonkwo By Ngozi Onyeakusi-- Fidelity Bank Plc has delivered another impressive full year result, sustaining the sterling financial performance that has been witnessed by the top lender in recent years.…
Ecobank PBT Soars by 32% to N146.5bn in 2019
Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan, unveiling EcobankPay Zone in Mushin market, Lagos Ecobank Transnational Incorporated (ETI) has announced a 32% growth in profit before tax to billion in…
Seplat’s 2019 profit rises by 13.4% to US$270m …Pays US$0.05 dividend per share to shareholders
Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange and London Stock Exchange, has announces its audited results for…