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Tag: Chartered Institute of Stockbrokers

News

CIS swears in Dada as 13th president

Mr Oluropo Dada was sworn in as the 13th President and Chairman of the Governing Council of the Chartered Institute of Stockbrokers. The investiture event, held over the weekend in Lagos, marked the start of Dada’s two-year stint as President of the Institute, as well as the departure of Mr Oluwole Adeosun, the Institute’s immediate […]

Banking News

Stockbrokers propose tech adoption for bank recapitalisation

The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to use innovative technologies throughout the bank recapitalisation process to ensure efficiency and effectiveness. This was disclosed in a statement by the CIS President, Oluropo Dada on Sunda, according to The Punch. Dada noted that this measure is critical for engaging younger generations […]

News

Monetary policy decisions could be politicized – Stockbroker

The Chartered Institute of Stockbrokers and Association of Securities Dealing Houses of Nigeria have decried the proposed amendment of the Central Bank of Nigeria Act No. 7 of 2007, seeking to subject the annual budget of the CBN to approval from the National Assembly. The group in a statement argued that such legislation would politicize […]

News

Naira exposure to forces of demand, supply suicidal – Stockbrokers

The Chartered Institute of Stockbrokers has raised concerns about the impact on companies with a major foreign exchange component, which are posting losses or substantial decreases in profits as a result of recently implemented market reform. This was disclosed in a statement by the CIS President and Chairman of the Council, Mr. Oluropo Dada, at […]

Business

Banks should seek public offers, special placements for funds – Stockbrokers

The Chartered Institute of Stockbrokers has called on Nigerian banks to look beyond rights issues as the sole method of fundraising as banks grapple to raise over N4 trillion in fresh capital to meet new regulatory requirements. This was disclosed by the CIS President, Oluwole Adeosun at the Nigeria’s Association of Capital Market Academics symposium […]