African Securities Exchange Association

CBN Moves To Stabilise Foreign Exchange Market, Warns Speculators

August 14, (THEWILL) - The Central Bank of Nigeria (CBN) says it has taken appropriate measures to stabilise the unfavourable fluctuations in the foreign exchange market. Acting Governor of the apex bank, Folashodun Shonubi, disclosed this to State House...

SEC, PENCOM, NGX To Host Webinar On Securities Lending

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC)...

Senate Orders SEC’s DG, Commissioners To Refund N594m To FG

May 16, (THEWILL) - The Senate has ordered the Director General of Securities and Exchange Commission (SEC) and its Commissioners, to refund to the Consolidated Revenue Fund, a total sum of N594 million vehicle allowances which they unable to...

Ponzi Bill: Attempt at Sanitising Nigeria’s Financial Markets?

In the latest of efforts aimed at strengthening the functioning of Nigeria’s capital market and protect investors, the National Assembly on 29 March 2023 passed the Investment and Securities Bill (ISB 2023). The Bill has provisions for more stringent...

Cross-border Securities Payments Get Boost as NGX, PAPSS Sign MoU

Cross-border securities transactions across African capital markets has received significadnt boost as Nigerian Exchange Limited (NGX) and Pan African Payments Settlement System (PAPSS) sign a Memorandum of Understanding (MOU) to integrate the payments system into the capital markets. The...
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Kenan Yildiz To Arsenal Move Collapses As Juventus Star Faces Injury Layoff

The Gunners have long been admirers of the Juventus winger, but Romano was blunt about where things actually stand.
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