Nigeria

Exchange news

New DG for Nigeria’s Regulator

Another step has been taken towards the appointment of the new Director-General for Nigeria’s Securities and Exchange Commission. The Senate last week confirmed the appointment ...

Exchange news

Nigerian Stock Exchange seeks $33 mln for new software and Sierra Leone bourse

The Nigerian Stock Exchange is seeking some US$33 million in capital for its fifth software upgrade and also to help finance the Sierra Leone stock ...

Exchange news

Nigeria’s Securities and Exchange Commission calls in market operators

From 9 November, Nigeria’s Securities and Exchange Commission is to call stockbrokers and other market participants before its Administrative Proceedings Committee (APC). This is part ...

Capital raising

IFC invests $100 million in Nigerian telecommunications

The International Finance Corporation (www.ifc.org), a member of the World Bank Group, is investing $100 million into bringing the benefits of better telecommunications to many ...

Exchange news

Cool investor relations for securities exchanges and listed companies

Three excellent sites offer fine material and services on promoting investor relations, and feature an enticing line-up of online published annual reports of listed companies ...

Exchange news

Bond issues for PTA Bank and Nigeria’s UBA Bank

New bond issues are springing across Africa, including Kenya’s Kengen issue for more power generation which closed on 29 September, and bank issues in Nigeria ...

Exchange news

Regulators seek to restore confidence in battered Nigerian capital market

Regulators and players in the Nigerian capital markets hope recent actions against five banks will restore confidence in the market, but it looks as if ...

Exchange news

JSE’s Africa Board: more travels and consultations

The JSE Ltd has three more countries in its first year programme, building links with leading issuers, regulators, brokers and African exchanges.

Capital raising

West Africa private equity fund raises US$200 million

West African private equity fund manager African Capital Alliance (ACA) announced the first closing after raising US$200 million for Capital Alliance Private Equity III (“CAPE ...

Exchange news

New leaders mooted for Nigeria’s Securities and Exchange Commission

Nominations are on the table for the leadership of Nigeria’s Securities and Exchange Commission (SEC) to supervise the turbulent capital market. These are subject to ...