Yes, I am in support of the move by the Commission to stop physical share certificates. Elimination of share certificate will go a long way to hasten transactions on the stock market. I am happy to hear that the Central Securities Clearing System, CSCS, has reached 100 per cent of dematerialisation of share certificates in the Nigerian capital market. It has been a journey that started over 10 years ago, so SEC and the CSCS should be commended for the achievement.

I BELIEVE it is part of the duties of regulators to ensure a free and fair market. Transparency and fair play are essential ingredients for any market. Market operators are also in a position of trust. They must be seen to be above board to retain and sustain the confidence of all stakeholders. But then, our system is still evolving; it is not yet perfect and so is our regulatory environment. I think we should all regulate the regulators but we should still give them benefit of the doubt.

As part of measures to implement the new foreign exchange measures to address the depreciation of the naira in the parallel market, the Central Bank of Nigeria, CBN, and commercial banks will collaborate with state governments to verify tax clearance certificates.

Guinness Nigeria Plc, a foremost total beverage alcohol company in the country, has released its Sustainability Report for 2016, indicating its performance on various aspects of its operations, while outlining its sustainability targets for the future.

DISTURBED by life threatening illegal structures springing up at Pilot Crescent 2, Bode Thomas, Surulere, Lagos, residents of the low cost housing estate under the aegis of Pilot Crescent 2 Residents’ Association, have sought the intervention of Lagos State Building Control Agency (LASBCA) in order to avert perceived calamity posed by construction of illegal buildings in the sleepy community.