All posts tagged "SEC"
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SEC retains interim members on NSE Council
The Securities and Exchange Commission (SEC) has directed the Council of the Nigerian Stock Exchange (NSE) to admit some professionals, as public interest members, to strengthen the Council and support its new management team. A statement from...
- Posted April 4, 2011
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Shareholders laud Exchange Commission
The newly launched code of corporate governance for quoted companies at the Nigerian Stock Exchange has been welcomed by investors. While some market watchers say the various regulations by the Securities and Exchange Commission (SEC) to restore...
- Posted March 30, 2011
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Market agency moves to enforce new rules
Eager to achieve zero tolerance against infractions of its rules as a way to boost investors’ confidence in the nation’s capital market, the interim administration of the Nigerian Stock Exchange (NSE) last week got the approval of...
- Posted March 27, 2011
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Equities Regain N301bn in Four Days
Nigerian equities sustained their positive run at the stock market for the fourth day Wednesday, recovering N301 billion in the process. The market, which witnessed an unprecedented bear run recently began its recovery last Friday. Operators had attributed the...
- Posted March 27, 2011
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‘Wonder Bank’ makes a volte-face, challenges tribunal’s jurisdiction
IT was a surprise twist of event at the Investment and Securities Tribunal (IST) during the report of settlement of the case brought by 14 representatives of investors of Nospetco Oil and Gas Limited against the Security...
- Posted March 23, 2011
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SEC seeks partnership with consumer council on investors’ protection
AS part of strategies to consolidate on its investors’ protection initiatives, the Securities and Exchange Commission (SEC), has concluded plans to partner with the Consumer Protection Council (CPC). According to SEC, the development is expected to pave...
- Posted March 22, 2011
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Stakeholders seek early resolution of ‘trade alert’ contract crisis
STAKEHOLDERS in the nation’s capital market have decried lingering controversy trailing the trade alert contract, stressing the need on the part of the Nigeria Stock Exchange (NSE) to ensure its early resolution. Already, the Independent Shareholders Association...
- Posted March 22, 2011