SEC approves first naira-denominated private debt fund

The Securities and Exchange Commission has approved Nigeria's first naira-denominated Private Debt Fund in the name of FCMB-TLGThe Securities and Exchange Commission has approved Nigeria’s first naira-denominated Private Debt Fund in the name of FCMB-TLG Private Debt Fund .

At the close of transactions yesterday, the All-Share Index rose by 572.57 per cent, representing a gain of 0.58 per cent, to close at 99,793.71 points. Similarly, the overall market capitalisation value gained N324 billion to close at N56.452 trillion. Vetiva Dealings and Brokerage said: “Given the upbeat start to the week, we are cautiously optimistic that the bullish sentiment will filter into Tuesday’s session ahead of the public holiday on Wednesday.”

Champion Breweries and Unity Bank lost 6.67 per cent each to close at N2.80 kobo and N1.12 kobo respectively, while Wapic Insurance shed 2.86 per cent to close at 68 kobo. Currency in circulation has risen to N3.97 trillion at the end of May 2024, representing a 1.07 per cent increase over the previous month.

Source: Loan Digest (loandigest.net)

Securities And Exchange Commission UN Sustainable Development Goals

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tinubu seeks confirmation of Securities and Exchange Commission board membersPresident Tinubu explained that the appointment was in compliance with the provisions of sections 3 and 5 (1) of the Investment and Security Act of 2007.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

SEC to stakeholders: Collaborate with us to tackle unclaimed dividends issueEmomotimi Agama, acting director-general of the Securities and Exchange Commission (SEC) has charged relevant stakeholders in the capital market to collaborate with the commission to reduce the quantum of unclaimed dividends.
Source: thecableng - 🏆 2. / 80 Read more »

Senate confirms Agama as SEC DG, 2 other commissionersThe Senate on Thursday confirmed the nomination of Dr. Emomotimi Agama as the substantive Director-General of the Securities and Exchange Commission, SEC.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Senate confirms Emomotimi Agama as DG of SECThe senate has confirmed Emomotimi Agama as the director-general of the Securities and Exchange Commission (SEC).
Source: thecableng - 🏆 2. / 80 Read more »

Senate Committee confirms Agama as new SEC DGThe Senate Committee on Capital Market has confirmed Dr. Emomotimi Agama as the new Director-General of the Securities and Exchange Commission (SEC).
Source: GuardianNigeria - 🏆 1. / 94 Read more »

How Binance operations breached Nigerian law — SEC directorA Director with the Securities and Exchange Commission (SEC), Abdulkadir Abbas, detailed how Binance Holdings Ltd breached Nigerian law to
Source: GuardianNigeria - 🏆 1. / 94 Read more »