Tag: securities

Nestle, others cost equity market 51bn loss
Opinion

90% of Nigeria’s CSCS accounts are inactive – Expert

Nigeria’s Central Securities Clearing System now holds roughly 6 million investor accounts, but only about 10 per cent are active. GTI Group CEO Abubakar Lawal, disclosed this while speaking at this year’s workshop of the Capital Market Correspondents Association of Nigeria, noting that the gap must be closed if the Investments and Securities Act 2025 […]

SEC grants NASD approval to launch digital securities platform
Business

SEC grants NASD approval to launch digital securities platform

The Nigerian Securities and Exchange Commission has approved NASD Plc’s launch of its Digital Securities Platform, powered by Blockstation, under the Regulatory Incubation Program. The Times reported that the NASD in a press statement stated that this follows the Central Bank of Nigeria lifting of the ban on trading in digital assets, which represents a significant step towards […]