AHEAD of the on-going recapitalisation programme for capital market operators from N70 million to N1 billion, which ends on December 31 2008, the Nigerian Stock Exchange (NSE) has promised to release the names of some stockbroking firms that investors should not be dealing with.
Director-General of the NSE, Professor Ndi Okereke-Onyiuke gave the [...]
Archive for April 3rd, 2008
NSE to release list of blacklisted stockbroking firms
April 3, 2008Recapitalisation:Small investors will be affected
April 3, 2008Stockbrokers have said that the on-going recapitalisation in the capital market will negatively affect small investors.
The Managing Director/ Chief Executive Officer, Signet Securities and Investments Limited, Mr. Oladipo Aina, said in an interview with our correspondent on Wednesday, that with the N1bn capital base set by the Securities and Exchange Commission, stockbrokers would [...]
