Tag: Securities
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SEC issues December deadline for registration of unlisted securities
The Securities and Exchange Commission (SEC) on Friday issued Dec. 31 deadline to public companies to register all their securities with the commission to boost the NASD Over-The-Counter (OTC) market. NASD PLC is the promoter of the OTC trading platform that eases secondary market trading of all unlisted securities in the country. Ms Mary Uduk,…
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FMDQ securities records N20. 99trn transactions in two months – Report
The FMDQ OTC Securities Exchange recorded N22. 99 trillion worth of transactions in fixed income and currency markets in the first two months of 2017. Market Turnover Report from the company obtained by the newsmen in Lagos on Monday indicated that the value was against N13.92 trillion recorded in the corresponding period in 2016. A…