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Stockbrokers amend rules to strengthen corporate governance

Stockbrokers amend rules to strengthen corporate governance By Itohan Abara-Laserian Lagos, April 29, 2021 The Council of Chartered Institute of Stockbrokers (CIS) has endorsed amendments to four rules to strengthen its corporate governance. Mr Olatunde Amolegbe, the institute’s President, disclosed this in a statement made available to newsmen on Thursday in Lagos. Amolegbe said that the rules, which were unanimously approved during the Institute’s hybrid AGM, include CIS Membership Rules and Regulations, 2021 and CIS Code of Ethics and Standards of Professional Conduct for Stockbrokers, 2021. Others are, Rules for election into the Governing Council of the Institute 2020, and 2019 Rules for election of the 2nd Vice President of the Institute.

Investors weigh-in macroeconomic trend

Investors weigh-in macroeconomic trend By Nkiruka Nnorom Having come to the end of the 2020 full year earning season where more than 70 percent of the quoted companies have published their financial results, analysts have projected that developments in the macroeconomic space will determine investors’ decision going forward. A total of 112 companies, representing 72 percent of companies quoted on the Nigerian Stock Exchange, NSE, have already published their 2020 financial results. Meanwhile, investors closed the week with N93 billion losses in the ensuing bearish run driven by profit taking in some blue chip companies. Though the market had recorded marginal gains in the last three trading days of the week, but the gains were not enough to offset the heavy losses recorded at the beginning of the trading week on Tuesday, April 6, 2021.

How to boost investors confidence in equity market - EFG Hermes

How to boost investors confidence in equity market - EFG Hermes
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

EFG Hermes Gains Top Spot at Kenya, Nigerian Stock Exchange

By Omolabake Fasogbon Egyptian Financial Group Hermes Holding, EFG Hermes, has been ranked first on the Nairobi Securities Exchange and second by value traded on the Nigerian Stock Exchange, highlighting the significant strides made in both Sub-Saharan Africa’s western and eastern financial hubs. The Firm also ramped up execution capabilities across Sub-Saharan Africa, with shares worth $717.4 million changing hands in Kenya, $483.9 million in Nigeria, $33.6 million in Ghana, and $20.3 million in Tanzania, among others. Commenting, Chief Executive Officer of EFG Hermes Frontier, Ali Khalpey said, “We are exceptionally proud of the work we’ve put entering Sub-Saharan Africa, which has seen us essentially create two key financial hubs in the region in less than three years of operations. Our success today despite challenging circumstances is a testament to the long term view our firm has taken on the development of financial markets in Sub-Saharan Africa and the continued inve

Firm ranks first in Kenya, solidifying presence in sub-Saharan Africa

Firm ranks first in Kenya, solidifying presence in sub-Saharan Africa 20 Firm ranks first in Kenya, solidifying presence in sub-Saharan Africa EFG Hermes is ranked first on the Nairobi Securities Exchange and second by value traded on the Nigerian Stock Exchange, highlighting the significant strides made in Sub-Saharan Africa’s western and eastern financial hubs. The firm also ramped up execution capabilities across Sub-Saharan Africa, with shares worth USD 717.4 million changing hands in Kenya, USD 483.9 million in Nigeria, USD 33.6 million in Ghana, and USD 20.3 million in Tanzania, among others. “We are exceptionally proud of the work we’ve put entering sub-Saharan Africa, which has seen us essentially create two key financial hubs in the region in less than three years of operations. Our success today despite challenging circumstances is a testament to the long term view our firm has taken on the development of financial markets in Sub-Saharan Africa and the continued

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