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JanNigerian Exchange Limited (NGX) has announced that it will host the 2022 Market Recap and 2023 Outlook event on Wednesday, 25 January 2023. NGX Market Recap and Outlook is an annual event designed to review market performance in the preceding year and present expert predictions for the Nigerian capital market and the broader economy, for the New […]
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JanThe Nigerian stock market sustained uptrend on Thursday, growing back to back as the All Share Index appreciated by 0.62% to close at 52,048.85 points from the previous close of 51,729.87 points. Investors gained N174 billion as the Market Capitalization grew by 0.62% to close at N28.350 trillion from the previous close of N28.176 trillion. An aggregate[…]
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JanThe Securities and Exchange Commission (SEC) has commenced full enforcement of a regulatory framework that mandates mutual funds’ managers to hold clients’ investment assets under independent custody. According to Lamido Yuguda, Director General, Securities and Exchange Commission (SEC), the full enforcement of the custody requirement on all mutual funds was part of efforts to enhance investors’ protection and boost[…]
