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Technology has helped in checking unauthorised sale of shares —Fakrogha, Foresight Securities

Since the capital market meltdown of 2008, the Nigerian Stock Exchange, NSE, has come up with various initiatives in terms of technological development to advance the market in keeping with international best standard. In this interview,Mr. Charles Fakrogha, Stockbroker/Chief Relationship Officer with Foresight Securities & Investment Limited, highlighted some of such initiatives and how they have helped in advancing the market. Excerpts

Commodity Exchange: ASHON, CSCS finalises arrangement for depository services

AS part of the final preparation for the commencement of operation of the Lagos Commodity and Futures Exchange,   LCFE, the Association of Stockbroking Houses of Nigeria (ASHON)     has completed strategic arrangement   with Central Securities Clearing System (CSCS) Plc   on clearing and settlement services.

Fund transfer: Between NIP and NEFT

THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications.

Skye Bank, Zenith, others lead Lagos security trust fund

SKYE Bank Plc, one of  Nigeria’s leading retail commercial banks and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State.

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