Securities Archives - Nairametrics https://nairametrics.com/category/market-news/fixed-income/equities-moneymarket-bonds-funds/ Destination for Business news and analysis from Africa's largest economy Thu, 23 May 2024 13:03:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Securities Archives - Nairametrics https://nairametrics.com/category/market-news/fixed-income/equities-moneymarket-bonds-funds/ 32 32 201037849 CBN raises N638.98 billion in latest treasury bill auction, yield surge to 26% https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/ https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/#respond Wed, 22 May 2024 22:13:56 +0000 https://nairametrics.com/?p=489679 Investors demonstrated robust demand for Nigerian treasury bills, offering over N1.59 trillion across three tenors during the Nigerian treasury bill (NTB) auction held on May 22, 2024. 

The post CBN raises N638.98 billion in latest treasury bill auction, yield surge to 26% appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/22/cbn-raises-n638-98-billion-in-latest-treasury-bill-auction-yield-surge-to-26/feed/ 0 489679 Forex Crisis: SEC, EFCC target virtual manipulators in new collaboration  https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/ https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/#comments Wed, 15 May 2024 05:52:38 +0000 https://nairametrics.com/?p=488969 The two agencies are to strengthen the existing Memorandum of Understanding they have and ensure it is more effective in dealing with current issues.

The post Forex Crisis: SEC, EFCC target virtual manipulators in new collaboration  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/15/forex-crisis-sec-efcc-target-virtual-manipulators-in-new-collaboration/feed/ 1 488969 New SEC rules for private companies’ caps maximum capital raise at N15 billion https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/ https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/#respond Fri, 10 May 2024 05:15:17 +0000 https://nairametrics.com/?p=488493  The Securities and Exchange Commission (SEC) has announced new rules on issuance and allotment of private companies’ securities  

The post New SEC rules for private companies’ caps maximum capital raise at N15 billion appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/10/sec-issues-new-rules-on-issuance-allotment-of-private-companies-securities/feed/ 0 488493 Recapitlisation: SEC to issue guidelines to facilitate capital raising https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/ https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/#respond Sat, 20 Apr 2024 08:39:23 +0000 https://nairametrics.com/?p=486334 The SEC is partnering with the Central Bank of Nigeria (CBN) and other relevant agencies to ensure a smooth process.

The post Recapitlisation: SEC to issue guidelines to facilitate capital raising appeared first on Nairametrics.

]]> https://nairametrics.com/2024/04/20/recapitlisation-sec-to-issue-guidelines-to-facilitate-capital-raising/feed/ 0 486334 Over subscription of FGN securities having a positive effect on exchange rate – ABCON https://nairametrics.com/2024/03/25/over-subscription-of-fgn-securities-having-a-positive-effect-on-exchange-rate-abcon/ https://nairametrics.com/2024/03/25/over-subscription-of-fgn-securities-having-a-positive-effect-on-exchange-rate-abcon/#respond Mon, 25 Mar 2024 07:25:08 +0000 https://nairametrics.com/?p=483880 The Association of Bureau De Change Operators of Nigeria (ABCON) has stated that the oversubscription of recent FGN securities is having a positive effect on the naira exchange rate to the USD.

The post Over subscription of FGN securities having a positive effect on exchange rate – ABCON appeared first on Nairametrics.

]]> https://nairametrics.com/2024/03/25/over-subscription-of-fgn-securities-having-a-positive-effect-on-exchange-rate-abcon/feed/ 0 483880 SEC plans investor clinics in 2024 to reduce N190 billion unclaimed dividends  https://nairametrics.com/2024/03/07/sec-plans-investor-clinics-in-2024-to-reduce-n190-billion-unclaimed-dividends/ https://nairametrics.com/2024/03/07/sec-plans-investor-clinics-in-2024-to-reduce-n190-billion-unclaimed-dividends/#comments Thu, 07 Mar 2024 17:46:35 +0000 https://nairametrics.com/?p=482011 The Securities and Exchange Commission (SEC) plans to conduct a series of investor clinics across various the country in 2024.

The post SEC plans investor clinics in 2024 to reduce N190 billion unclaimed dividends  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/03/07/sec-plans-investor-clinics-in-2024-to-reduce-n190-billion-unclaimed-dividends/feed/ 1 482011 SEC to introduce new anti-money laundering for digital asset operators https://nairametrics.com/2024/03/07/sec-to-introduce-new-anti-money-laundering-for-digital-asset-operators/ https://nairametrics.com/2024/03/07/sec-to-introduce-new-anti-money-laundering-for-digital-asset-operators/#respond Thu, 07 Mar 2024 08:58:34 +0000 https://nairametrics.com/?p=481960 The Securities and Exchange Commission (SEC) has announced the development of new guidelines aimed at enhancing the licensing, registration, and screening processes for digital and virtual asset service providers (VASPs).

The post SEC to introduce new anti-money laundering for digital asset operators appeared first on Nairametrics.

]]> https://nairametrics.com/2024/03/07/sec-to-introduce-new-anti-money-laundering-for-digital-asset-operators/feed/ 0 481960 Money Supply: CBN sells N1 trillion OMO Bills at record high 21.5% https://nairametrics.com/2024/03/02/money-supply-cbn-sells-n1-trillion-omo-bills-at-record-high-21-5/ https://nairametrics.com/2024/03/02/money-supply-cbn-sells-n1-trillion-omo-bills-at-record-high-21-5/#respond Sat, 02 Mar 2024 00:12:12 +0000 https://nairametrics.com/?p=481469 The Central Bank of Nigeria has intensified its efforts to manage the money supply by conducting Open Market Operations (OMO) auctions, through which it sold N1.06 trillion in bills.

The post Money Supply: CBN sells N1 trillion OMO Bills at record high 21.5% appeared first on Nairametrics.

]]> https://nairametrics.com/2024/03/02/money-supply-cbn-sells-n1-trillion-omo-bills-at-record-high-21-5/feed/ 0 481469 CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill https://nairametrics.com/2024/02/23/cbn-sells-another-n1-58-trillion-in-treasury-bills-interest-rate-at-19-for-364-day-bill/ https://nairametrics.com/2024/02/23/cbn-sells-another-n1-58-trillion-in-treasury-bills-interest-rate-at-19-for-364-day-bill/#respond Fri, 23 Feb 2024 06:00:05 +0000 https://nairametrics.com/?p=480632 The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in its latest Treasury Bills auction as the apex bank continues its ongoing effort to manage liquidity in the financial system. The auction, held on the 21st of February, attracted substantial interest from investors, with the CBN setting stop rates as high as […]

The post CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill appeared first on Nairametrics.

]]> https://nairametrics.com/2024/02/23/cbn-sells-another-n1-58-trillion-in-treasury-bills-interest-rate-at-19-for-364-day-bill/feed/ 0 480632 DSS to Labour: Shelve planned nationwide protest, pursue dialogue https://nairametrics.com/2024/02/21/dss-to-labour-shelve-planned-nationwide-protest-pursue-dialogue/ https://nairametrics.com/2024/02/21/dss-to-labour-shelve-planned-nationwide-protest-pursue-dialogue/#respond Wed, 21 Feb 2024 12:18:14 +0000 https://nairametrics.com/?p=480470 The Department of State Services (DSS) has appealed to the Organised Labour to opt for discussion and negotiation rather than the nationwide protests planned for February 27 and 28, 2024, in response to escalating living expenses and economic challenges.

The post DSS to Labour: Shelve planned nationwide protest, pursue dialogue appeared first on Nairametrics.

]]> https://nairametrics.com/2024/02/21/dss-to-labour-shelve-planned-nationwide-protest-pursue-dialogue/feed/ 0 480470 IMF advises CBN to raise N2 trillion through OMO bills in the next 12months  https://nairametrics.com/2024/02/12/imf-advises-cbn-to-raise-n2-trillion-through-omo-bills-in-the-next-12months/ https://nairametrics.com/2024/02/12/imf-advises-cbn-to-raise-n2-trillion-through-omo-bills-in-the-next-12months/#comments Mon, 12 Feb 2024 09:19:53 +0000 https://nairametrics.com/?p=479702 The International Monetary Fund (IMF) has advised the Central Bank of Nigeria to as a measure to rein in on inflation mop up excess liquidity in the economy through raising OMO bill of up to N2 trillion in the next 12 months.  

The post IMF advises CBN to raise N2 trillion through OMO bills in the next 12months  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/02/12/imf-advises-cbn-to-raise-n2-trillion-through-omo-bills-in-the-next-12months/feed/ 1 479702 Nigerian Treasury Bills rate jumps to 19% per annum as CBN targets exchange rate stability https://nairametrics.com/2024/02/07/nigerian-treasury-bills-rate-jumps-to-19-per-annum-as-cbn-targets-exchange-rate-stability/ https://nairametrics.com/2024/02/07/nigerian-treasury-bills-rate-jumps-to-19-per-annum-as-cbn-targets-exchange-rate-stability/#respond Wed, 07 Feb 2024 16:36:18 +0000 https://nairametrics.com/?p=479314 The 364-day treasury bills stop rates spiked to 19% per annum, the first clear signal that the central bank was moving towards a hawkish monetary policy. The 182-day and 91-day bills also rose to 18% and 12.2%

The post Nigerian Treasury Bills rate jumps to 19% per annum as CBN targets exchange rate stability appeared first on Nairametrics.

]]> https://nairametrics.com/2024/02/07/nigerian-treasury-bills-rate-jumps-to-19-per-annum-as-cbn-targets-exchange-rate-stability/feed/ 0 479314 SEC grants NASD approval for digital securities platform https://nairametrics.com/2024/01/13/sec-grants-nasd-approval-for-digital-securities-platform/ https://nairametrics.com/2024/01/13/sec-grants-nasd-approval-for-digital-securities-platform/#respond Sat, 13 Jan 2024 07:50:52 +0000 https://nairametrics.com/?p=477109 SEC granted approval to NASD Plc to launch its N-DSP, powered by Blockstation, under the Regulatory Incubation (RI) Programme.

The post SEC grants NASD approval for digital securities platform appeared first on Nairametrics.

]]> https://nairametrics.com/2024/01/13/sec-grants-nasd-approval-for-digital-securities-platform/feed/ 0 477109 SEC shuts Ready Finance Investors Limited over alleged “Covert Ponzi scheme” https://nairametrics.com/2023/12/14/sec-shuts-ready-finance-investors-limited-over-alleged-covert-ponzi-scheme/ https://nairametrics.com/2023/12/14/sec-shuts-ready-finance-investors-limited-over-alleged-covert-ponzi-scheme/#respond Thu, 14 Dec 2023 16:56:47 +0000 https://nairametrics.com/?p=474811 The Securities and Exchange Commission (SEC) has sealed the office of a firm based in Abuja for engaging in illegal investment and other capital market activities.

The post SEC shuts Ready Finance Investors Limited over alleged “Covert Ponzi scheme” appeared first on Nairametrics.

]]> https://nairametrics.com/2023/12/14/sec-shuts-ready-finance-investors-limited-over-alleged-covert-ponzi-scheme/feed/ 0 474811 SEC attributes reclassifications of Nigerian securities by FTSE-Russell and MSCI to FX challenges https://nairametrics.com/2023/11/17/sec-attributes-reclassifications-of-nigerian-securities-by-ftse-russell-and-msci-to-fx-challenges/ https://nairametrics.com/2023/11/17/sec-attributes-reclassifications-of-nigerian-securities-by-ftse-russell-and-msci-to-fx-challenges/#comments Fri, 17 Nov 2023 14:55:15 +0000 https://nairametrics.com/?p=472226 SEC attributed the reclassifications of Nigerian securities indices by FTSE-Russell and MSCI to the present fx liquidity challenges.

The post SEC attributes reclassifications of Nigerian securities by FTSE-Russell and MSCI to FX challenges appeared first on Nairametrics.

]]> https://nairametrics.com/2023/11/17/sec-attributes-reclassifications-of-nigerian-securities-by-ftse-russell-and-msci-to-fx-challenges/feed/ 1 472226 SEC warns of AI financial crisis without swift regulation https://nairametrics.com/2023/10/16/sec-warns-of-ai-financial-crisis-without-swift-regulation/ https://nairametrics.com/2023/10/16/sec-warns-of-ai-financial-crisis-without-swift-regulation/#respond Mon, 16 Oct 2023 12:38:24 +0000 https://nairametrics.com/?p=468904 The chair of the US SEC has warned that financial regulators must quickly find a way to manage the risks posed to financial stability.

The post SEC warns of AI financial crisis without swift regulation appeared first on Nairametrics.

]]> https://nairametrics.com/2023/10/16/sec-warns-of-ai-financial-crisis-without-swift-regulation/feed/ 0 468904 New Loans: We have budgetary approval for N1.7 trillion in new external borrowing-DMO  https://nairametrics.com/2023/09/29/new-loans-we-have-budgetary-approval-for-n1-7-trillion-in-new-external-borrowing-dmo/ https://nairametrics.com/2023/09/29/new-loans-we-have-budgetary-approval-for-n1-7-trillion-in-new-external-borrowing-dmo/#comments Fri, 29 Sep 2023 10:01:26 +0000 https://nairametrics.com/?p=467050 The Debt Management Office (DMO) Nigeria has said that it has budgetary approval for N1.7 trillion external debt borrowing.

The post New Loans: We have budgetary approval for N1.7 trillion in new external borrowing-DMO  appeared first on Nairametrics.

]]> https://nairametrics.com/2023/09/29/new-loans-we-have-budgetary-approval-for-n1-7-trillion-in-new-external-borrowing-dmo/feed/ 1 467050 Ellah Lakes Plc gets SEC approval to raise N2.90bn by rights issue https://nairametrics.com/2023/09/21/ellah-lakes-plc-gets-sec-approval-to-raise-n2-90bn-by-rights-issue/ https://nairametrics.com/2023/09/21/ellah-lakes-plc-gets-sec-approval-to-raise-n2-90bn-by-rights-issue/#comments Thu, 21 Sep 2023 12:03:18 +0000 https://nairametrics.com/?p=466137 Ellah Lakes Plc has announced it has received approval from the SEC to raise an additional N2.90 billion capital via rights issue.

The post Ellah Lakes Plc gets SEC approval to raise N2.90bn by rights issue appeared first on Nairametrics.

]]> https://nairametrics.com/2023/09/21/ellah-lakes-plc-gets-sec-approval-to-raise-n2-90bn-by-rights-issue/feed/ 1 466137 SEC aims for N5trillion Shari’ah-compliant listings by 2025  https://nairametrics.com/2023/09/15/sec-aims-for-n5trillion-shariah-compliant-listings-by-2025/ https://nairametrics.com/2023/09/15/sec-aims-for-n5trillion-shariah-compliant-listings-by-2025/#respond Fri, 15 Sep 2023 11:12:24 +0000 https://nairametrics.com/?p=465275 SEC reaffirmed its goal of achieving 50 listings of Shari’ah-compliant products with a combined market capitalization of N5 trillion by 2025. 

The post SEC aims for N5trillion Shari’ah-compliant listings by 2025  appeared first on Nairametrics.

]]> https://nairametrics.com/2023/09/15/sec-aims-for-n5trillion-shariah-compliant-listings-by-2025/feed/ 0 465275 It may take 300 years to bridge Nigeria’s infrastructure gap-SEC  https://nairametrics.com/2023/09/08/it-may-take-300-years-to-bridge-nigerias-infrastructure-gap-sec/ https://nairametrics.com/2023/09/08/it-may-take-300-years-to-bridge-nigerias-infrastructure-gap-sec/#respond Fri, 08 Sep 2023 13:38:29 +0000 https://nairametrics.com/?p=464290 The Securities and Exchange Commission (SEC) has said that given the current rate of capital expenditure, it would take approximately 300 years to bridge Nigeria's infrastructure gap. 

The post It may take 300 years to bridge Nigeria’s infrastructure gap-SEC  appeared first on Nairametrics.

]]> https://nairametrics.com/2023/09/08/it-may-take-300-years-to-bridge-nigerias-infrastructure-gap-sec/feed/ 0 464290