The Securities and Exchange Commission (SEC) has warned that investing in meme coins, including $Davido, is highly risky and should be done with a full understanding of the associated risk. The SEC stated this in a statement made available to the newsmen. According to the Commission in a Circular dated […]
Category: Capital Market
Capital Market
Caverton names Akin Kekere-Ekun and Bello Gwandu as chairmen of its subsidiaries ….Adedeji Adeola as group CFO
The Board of Caverton Marine Limited and Caverton Helicopters Limited, both subsidiaries of Caverton Offshore Support Group Plc, has announced the appointment of Mr. Akin Kekere-Ekun and Mallam Bello Gwandu as Chairmen of their respective companies. This information was disclosed in the group’s notice to the Nigerian Exchange Limited […]
Senate confirms Agama as SEC DG
The Senate has confirmed Dr. Emomotimi Agama as the director-general of the Securities and Exchange Commission (SEC). The Senate also approved the nomination of Frana Chukwuogor as Executive Commissioner (Legal and Enforcement). Mr. Bola Ajomale as the Executive Commissioner (Operations) and Mrs. Samiya Usman as the Executive Commissioner (Corporate Services). […]
Unilever Nigeria Appoints Bolaji Balogun As Chairman
The Board of Directors of Unilever Nigeria Plc has appointed Mr. Bolaji Balogun as an Independent Non-Executive Director and Chairman of the Board of the company. According to the company’s notice to the Nigerian Exchange Limited (NGX) and the investment public, the appointment is with effect from 16th May 2024. […]
Wema Bank shareholders approve N200 billion capital raise
….50 kobo dividend Shareholders of Wema Bank Plc, one of the nation’s oldest commercial banks have approved the Bank’s quest to raise N200 billion in capital at the group’s annual general meeting (AGM) held electronically today. Also, the shareholders endorsed the management’s 50 kobo per share dividend payouts for […]
Shareholders endorse FCMB’s NI50 billion capital raising
…. N9.901 billion dividend for 2023 Shareholders of Guaranty FCMB Plc at the 11th Annual General Meeting approved the company’s plan to establish a capital raising programme of N150 billion. The group will raise up to N150 billion or its equivalent in other currencies through the issuance of various […]
FMDQ attains LPI and CPD accreditation
FMDQ Academy, the financial markets education initiative of FMDQ Group Plc has announced the attainment of the Learning Provider’s Certification from the Learning and Performance Institute (LPI) and the CPD accreditation from CPD Certification Services (CPD UK). These accreditations recognise FMDQ Academy’s dedication to delivering quality learning experiences of and […]