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NGX Cracks Down: 3,792 Sanctions Issued Over 13 Years
Key Highlights
• The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on stockbroking firms between 2011 and 2023.
• 193 Rule Breaches: Violations include unauthorized share sales, misappropriation of...
ASHON CALLS FOR STOCKBROKING FEE HIKE AND RESTORATION OF MARGIN TRADING
The Association of Securities Dealing Houses of Nigeria (ASHON) has urged the Securities and Exchange Commission (SEC) to increase stockbroking fees, which have remained fixed at 1.35% for several years, despite rising...
AGUSTO AFFIRMS PARTHIAN PARTNERS’ RATING AT ‘BBB’
Main Points:
1. Rating Affirmation:
- Agusto & Co Limited has affirmed Parthian Partners Limited’s credit rating at ‘Bbb’ with a stable outlook for 2024/2025.
2. Rating Details:
- The rating reflects Parthian Partners' profitability...
Financial solutions firm Zedcrest announced on Wednesday the complete acquisition of RMB Nigeria Stockbrokers. This move aligns with Zedcrest’s strategy to expand its service offerings and market presence. The acquisition brings RMB Nigeria Stockbrokers' expertise in stockbroking to complement...
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