12
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 […]
12
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[…]
12
JanThe Nigerian stock market on Wednesday closed on a positive note with 0.55% growth. Year to date, the market has returned 0.93% with the All Share Index and Market Capitalisation at 51,729.87 points and N28.176 trillion respectively. In a stock market review with Mallam Garba Kurfi, the MD/CEO of APT Securities and Funds Limited, the following were discussed:[…]
