Dr Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC) says Nigeria is ready for stablecoin businesses that comply with the country’s regulations.
The stock market closed on a positive note on Wednesday, as performance indices grew by 0.08 per cent amid increased buying interest and bargain hunting.
The Nigerian stock market began the second half of the year on a negative trajectory, resulting in a N150 billion loss for investors.
The Securities and Exchange Commission (SEC) says the country must adopt Artificial Intelligence (AI) driven surveillance to transition to a resilient, future-proof capital market.
Stock market investors traded 2.057 billion shares worth N51.015 billion in 65,016 transactions on the floor of the Exchange this week.
The stock market closed on a positive note Wednesday, as performance indices grew by 0.56 per cent amid increased buying interest and bargain hunting.
The Securities and Exchange Commission has warned the public against investing in unregistered investment schemes, including Silverkuun Investment Cooperative Society/Silverkuun Limited.
The stock market started the week bullish on Monday, as performance indices climbed by 0.79 per cent.
The stock market continued its decline on Thursday, as key performance indices slipped by 0.40 per cent, extending the recent downward trend.
The stock market on Tuesday recorded a positive trend after a day of bearish notes, as key performance indicators soared by 0.03 per cent.