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Foreign investors raise stake in NSE as FPI rises 133% in 2 months

DESPITE the heightened political tension in the country ahead of the 2019 general election and increasing yield in the United States of America, which have necessitated sell-off in the Nigerian stock market in the last few months, foreign investors seem to be raising their stake in the equity market as foreign portfolio investment, FPI, which has been wobbling since the beginning of year, has started an upward move.

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Regularisation of accounts will increase liquidity in stock market – Uduk

The Nigerian Capital Market Committee (CMC) held its second  quarterly meeting for the year 2018 recently. The Acting Director General of Securities and Exchange Commission, SEC, Ms Mary Uduk , in an interview immediately  after the CMC , spoke on issues bothering  on regularisation of shares accounts, e-annual reports of companies, minimum operating standards by operators, amongst others.

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