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NGX Suspends Trading On Shares Of Glaxo SmithKline

The Nigerian Exchange Group Ltd has suspended trading on the shares of Glaxo SmithKline Consumer Nigeria Plc.The NGX made the disclosure in its weekly...

Business

How CBN’s Forex Policy Forced Cadbury Plc Into Borrowing $23m As Company Seeks Debt Conversion

Cadbury Nigeria Plc is seeking to convert part of the $23m borrowed from Cadbury Schweppes Overseas Limited, its parented company to equity share, THE...

Business

VFD Group Gets SEC Approval To Sell Over 63 Million New Shares To Existing Shareholders

VFD Group Plc, a company described as the ‘Berkshire Hathaway of Nigeria’ has received regulatory approval from the Securities and Exchange Commission (SEC) to...

Business

Oando Fails To Settle Minority Shareholders 18 Months After Court Order

Oando Plc has again failed to obtain approval for the Scheme of Arrangement document from the Securities and Exchange Commission and the Nigerian Exchange...

Business

NGX Seeks FG’s Approval To List Dollar-Denominated Companies

The Nigerian Exchange Limited (NGX) has called on the Federal Government to adjust regulations to allow the Exchange to admit companies that earn and...

Business

SEC shuts down Stockmatch Investments

Borno State-based investment firm, Stockmatch Investments Ltd, was on Tuesday shut down by the capital market regulator, the Securities and Exchange Commission (SEC).The regulator...

Business

SEC Blacklists Six Online Trading Platforms, Warns Nigerians Against Dealing With Unregistered Investment Firms

The Securities and Exchange Commission (SEC) has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms purporting to offer...

Business

SEC blacklists six e-commerce platforms

The Securities and Exchange Commission (SEC) has blacklisted six online trading companies in its ongoing bid to sanitise the country’s e-commerce space.In a circular...

Business

Seplat Crisis: We Will Take Effective Measures To Protect Nigeria’s Capital Market, SEC Assures

Nigeria’s capital market regulator, the Securities and Exchange Commission has reacted to the crisis in Seplat Energy Plc, saying it is monitoring the situation...

Business

NEPZA, SEC Begin Process Of Listing Free Trade Zones On Nigeria’s Capital Market

The Federal Government is preparing the country’s business environment for greater prosperity and wealth circulation as plans are underway to begin the listing of...

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