NGX RegCo unveils code of conduct for approved persons of Trading License Holders

September 27, 2023 Amaka Ifeakandu 0

NGX Regulation Limited has released the “Code of Conduct for Approved Persons of Trading License Holders” of Nigerian Exchange Limited (NGX). This is in keeping with its commitment to promoting high professional standards and ethical conduct within the capital market. The Code which was approved by the Securities and Exchange Commission (SEC) on 16 August 2023, will take effect on Read More

SEC blacklists 6 online trading platforms

May 2, 2023 Benjamin Umuteme 0

The Securities and Exchange Commission (SEC) has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms purporting to offer investment and finance services and products. In a circular, the Commission stated “The Commission’s attention has been drawn to the under listed e-commerce Companies and their websites offering online trading platforms to the investing public. They Read More

Equity market opens bearish, sheds N16bn

March 21, 2023 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange resumed the new week on a negative note, shedding N16 billion as profit taking activities persisted in the market. Market capitalisation of listed equities close lower, declining by 0.05 per cent to N29.899 trillion from N29.915 trillion reported the previous day. Similarly, the NGX All Share Index also depreciated by 29.35 basis Read More