Deadline For VAIDS Compliance Announced By SEC Nigeria’s Securities and Exchange Commission (SEC) today issued a notice, that all market operators and public liability companies will be required to show evidence of a clean federal tax status, effective from March 31, 2018. The securities commission says the evidence of tax payment which falls under the…
Appeal Court Acquits Hembe’s Deputy
The Court of Appeal, Abuja Division, has discharged and acquitted Chris Azubuogu, former vice chairman, House of Representatives Committee on Capital Market, of charges bordering on dishonest conversion of money. He was accused of allegedly converting the sum of $4,095 given to him by the Securities and Exchange Commission, SEC, to attend a conference in…
Boom or Burst for Investors?
The Nigerian Stock Exchange outperformed others in Africa in 2013 posting 44.6 per cent return on investment, which experts say is a reflection of the growth of the economy. But are the returns sustainable? Since the Nigerian stock market witnessed a near crash in 2009, several investors have been sitting on the fence. However, with…
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