Economy
Market Data Vital to Stock Market Investors—Experts
By Dipo Olowookere
Stock market investors have been advised not to joke with market data if they hope to succeed in the capital market.
Speakers at the 2nd edition of the Market Data Workshop organised by the Nigerian Stock Exchange (NSE) on Wednesday, October 4, 2017 at the Civic Centre, Lagos, noted that adequate knowledge of the market data helps investors in making sound investment decisions.
At the event themed ‘Market Data: The Bedrock of Wealth Creation,’ the chief executive of the NSE, Mr Oscar Onyema, noted that the NSE Market Data workshop was designed to provide participants with more insights into the importance of market data in making robust and informed investment decisions.
“Market Data, the by-product of activities on the platform of the Exchange, remains a key ingredient for investment endeavours.
“We are leveraging this workshop to intimate investors of our new data products that will complement our existing list of non-display products, which cut across real time, reference and thematic datasets,” he said.
According to him, “Market events of yesterday are written in Market Data, just as a book is written for its readers. So, if it is true that readers are leaders, then it is safe to conjecture that the investors who read Market Data would eventually lead the market, that is, emerge profitable.”
On his part, the keynote speaker, the CEO of Financial Derivatives, Mr Bismark Rewane, noted that market data is vital to real-time trading and described Nigeria as an economy evolving into a perfect market. In his opinion, the crash and the loss of value, live and assets were driven by people making decisions on fictitious data.
“Wonder banks, MMM and other investment schemes have all been possible due to lack of frequency of data,” he said.
Delivering his presentation titled ‘The Market Game Changers: Market Data, Mobile Trading, Algo Trading, Machine Learning,’ the Executive Director, Market Operations and Technology, NSE, Mr Ade Bajomo, stated that “timely access to market intelligence and swift trade execution remains key to wealth creation.”
Some of the other speakers included Euvin Naidoo, Head of Financial Institutions for Africa, Thomson Reuters, who made a presentation on ‘Extending Market Horizon through FinTech’ and Mrs Omoleye Alake, Team Lead, Market Data, NSE who spoke on ‘Understanding Market Data Contracts.’
Both agreed that market data was very important to investors in the capital market because it would help them make the right decisions.
The workshop also featured three panel sessions on ‘Leveraging Market Data to drive high-end returns’, ‘How Exchanges across Africa can come together for a viable market data business’ and ‘The role of media in Market Data.’
This year’s workshop brought together more than 400 in-person attendees, and 21 speakers and panel discussants, for rich discussions in topics ranging from leveraging market data to drive high end returns, to extending market horizon through FinTech.
In addition, about 401,425 people joined the workshop on Twitter via the hash tag #NSEMDW2017 which was one of the trending topics in Nigeria with over 3.4million impressions.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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