Economy
NSE, Meristem Hold Workshop on Smart Ways to Invest
By Modupe Gbadeyanka
The Nigerian Stock Exchange (NSE) will on Friday, February 7, 2020, hold an investment summit at the Stock Exchange House, Lagos from 10am to 1pm.
The workshop is a collaboration with Meristem Wealth Management Limited and centred around Smart Ways to Invest, with a focus on Exchange Traded Funds (ETFs).
According to information gathered by Business Post, the programme is designed to help investing public appreciate how ETFs can be used as a proxy for investing in the Nigerian capital market.
“It will also afford new and prospective investors the opportunity to understand the various smart investing options available to them,” the organisers also stated.
The summit is part of efforts by the stock exchange to educate investors in the nation’s capital market on the different ways they can make money and earn various income from several sources.
Most of the investment tools traders are conversant with in Nigeria are the stocks, bonds, treasury bills, commercial papers and foreign exchange (forex), while ETFs and derivates are still vague to many.
It was learned that at the forthcoming event, participants will be exposed to how to invest smartly in the capital market by seasoned investors and experts in the industry.
According to the NSE, ETFs are securities that track the performance of an index or basket of assets. They are listed on an exchange and traded much like stocks.
ETFs derive their performance from the index or underlying assets they track. They provide investors with the opportunity to diversify their investments and gain exposure to various investment strategies and asset classes, including; Local Fixed Income, Local Equities, International Markets, Commodities, Currency and Multi-Asset.
With ETFs, investment professionals can track global, country-specific and asset-specific indices.
ETFs are mainly for iInvestors looking for benchmark return at a minimal cost; investment professionals seeking efficient access to other markets and asset classes; passive investors who may not have time to actively monitor the market; and investors looking for diversification through a single security.
Economy
SEC Postpones Q2 2026 Pre-registration Training, Examination for CMOs
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.
Economy
Fidson Lists Additional 600 million Shares on Stock Exchange
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.”
Economy
FG Approves Payments to 1,240 Contractors to Ease Liquidity Pressure
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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