SEC Commences Implementation of Margin Guidelines

 

The Securities and Exchange Commission (SEC) has kicked off the implementation of margin guidelines for the Nigerian stock market, with a training programme. 

The training- a three-day workshop, was part of its effort to build capacity of its staff to address issues relating to margin trading and finance, and develop an in-house application to generate the “margin list”.

NSE MARKET REVIEW [28 mar- 1Apr, 2011]

There is no week without event in this market. This particular week is special as it had the privilege to host the end of the 1st quarter of 2011. It also launches the month that will see the NSE with a new CEO and Nigeria elect its new leadership that will take over on May 29, 2011.

Companies Focus: Access Bank and Intercontinental Bank.

 

Access Bank plc was incorporated as a limited liability company on 8 February 1989 and commenced business on 11 May 1989. It was converted to a public limited liability company on 24 March 1998 and its shares were listed on the Nigerian Stock Exchange on 18 November 1998. The bank was issued a universal banking license by the Central Bank of Nigeria on 5 February, 2001.