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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 […]
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:[…]
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JanNigerian Breweries Plc has informed the Nigerian Exchange and the investing public of the issuance of its Commercial Paper (CP) programme with the launch of Series 1, 2 and 3 of the programme under its N100 billion CP programme which opens on 11th January, 2023. Series 1 would be for a tenor of 91 days, Series 2[…]
