Monday, October 14, 2019

Tag "Capital Market"

    Reps panel ‘uncovers’ sharp practices in capital market operations

Reps panel ‘uncovers’ sharp practices in capital market operations

The house of representatives sub-committee on capital market, regulation and compliance says it is currently probing capital market operations in the country.The committee said in the course of the probe, it has uncovered “a lot of underhand and sharp practices” perpetrated by various companies in the capital market.Following petitions on the alleged sharp practices in the sector, the Tony Nwulu-led [...]

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    SEC extends capitalisation deadline to September 30

SEC extends capitalisation deadline to September 30

The Securities and Exchange Commission (SEC) has extended the deadline for minimum requirement of all capital market operators to September 30, 2015.The commission initially raised the minimum capital base from N30 million to N100 million and gave operators the deadline of December 31 to recapitalise.SEC insisted on the deadline despite appeal for extension from several quarters.But the board of the [...]

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Exchange Rates

October 14, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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