Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

SEC to Withdraw, Cancel Certificates of Registration of Inactive CMOs The Nigerian Securities and Exchange Commission (SEC) has announced plans to cancel or withdraw the registration certificates of up to 157 capital market operators (CMOS) that are inactive. Some of the notable Capital Market Operators on the list released by SEC include CDL, Asset Management Ltd, First Marina Trust Limited, Leadway Assurance Co. Ltd, and Wema Asset Management Ltd among others. The under-listed one hundred and fifty-seven (157) Capital Market Operators (CMOs) were registered by the Securities and Exchange Commission for various functions in the Nigerian capital market. “However, these…

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