‘Unclaimed dividend bill will erode investors’ confidence, hinder market growth
Capital market operators have warned that the proposed plan by the Federal Government to manage unclaimed dividends which is projected to hit N200 billion by the end of this year, would erode investor confidence and hinder the growth of the market.
Capital market: Tax waiver could be the required incentive
The development of a strong and viable capital market is a complex process and requires a systematic approach consisting of activities designed to grow, strengthen and improve the market.
SEC moves to introduce fintech in capital market
Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, has hinted that the capital market will soon be strengthened with finance technology Yuguda spoke yesterday when he appeared before the Senate Committee on Capital Market to defend the commission’s 2021 budget proposal. Fintech relates to any business that uses technology to enhance or automate…
Investors blame government for slow capital market development
• Seek investment in critical infrastructure, institutions Capital market investors have blamed the government for the slow pace of the development of the nation's capital market. The experts, who spoke in separate interviews, said the government has not invested in developmental projects, critical infrastructure, and institutions responsible for developing the market. The President, Standard Shareholders…
Academia seeks capital market collaboration to stimulate economic growth
The Academia has called for active collaboration with capital market practitioners to stimulate in-depth discussions on issues that would spur market development. According to the President, Capital Market Academics of Nigeria, Prof. Uche Uwaleke, this would be a game-changer in efforts to develop the local bourse. Speaking at a symposium themed, “Role of the Academia…
Checking rising incidence of unclaimed dividend in capital market
Dividends are the distributable earnings of a company, which are determined by its board of directors. However, when declared, it becomes a liability on the company, CAMA (1990).
Investors urge capital market integration into ERGP
Experts have called on the new management of the Securities and Exchange Commission (SEC), to ensure that the revised blueprint for capital market development is integrated into the Federal Government’s second...
Improving on N5b investor protection fund will boost confidence in capital market - Uwaleke
Professor of Capital Market at the Nasarawa State University, Keffi, and a former Commissioner for Finance in Imo State, Uche Uwaleke, in this interview with HELEN OJI
Mutual funds in capital market to hit N1.5 trillion by December
The Securities and Exchange Commission has expressed optimism that Collective Investment Scheme (CIS) or Mutual funds in the capital market will hit N1.5 trillion before the end of the year.