FBN Holding’s share price fell by 10% for the second day running as investors reacted negatively to the shareholder debacle currently unfolding at the bank. Checks by Nairametrics indicate the share price fell by 20% in the last two days after hitting a two-decade high of N22.3 per share. The share price closed trading at |
Port Harcourt The Nigerian National Petroleum Company Limited will remain unattractive to both domestic and foreign investors, until it becomes a public company with a solid foothold on the country’s capital market, duly listed and trading on the Nigerian Stock Exchange. According to oil and gas industry watchers, NNPCL is due to be listed |
The Securities and Exchange Commission has expressed its readiness to confront and find solutions to the challenges that make companies delist from the capital market. The commission’s Director-General, Lamido Yuguda, said this during an interview. He said that to develop the market, the regulator e saw the need to have a forum where the commission |
Access to capital remains a top priority for corporates, as capital is required to meet short-term debt obligations such as working capital needs, funding expansion aspirations and existing debt obligations. The Commercial Paper (CP) market satisfies this requirement by providing competitive and timely access to capital, thereby helping corporates diversify their funding sources. Having successfully |
Abuja, April 14, 2023 The Securities and Extechange Commission, (SEC), says it will continue to apply zero tolerance to money laundering, terrorism and proliferation of weapons financing obligations. The Director-General of SEC, Mr Lamido Yuguda, said this at the first quarter post-Capital Market Committee (CMC) news conference in Abuja on Thursday. Yuguda said that SEC |