STL TRUSTEES WEBINAR SERIES: RETAINING ASSETS IN THE LINEAGE USING TRUST AS A TOOL
Retaining Assets In The Lineage Using Trust As A Tool – Q & A Session – Question: Can I create a “Trust” within a “Will”? Answer: It is possible to create a Trust within a Will. This is referred to as Testamentary Trust and it takes effect upon the coming into effect of a Will. […]
STL TRUSTEES’ WEBINAR ON “AN EVALUATION OF ESTATE PLANNING MECHANISMS IN NIGERIA” HELD ON 4TH NOVEMBER 2020
Q & A FROM WEBINAR Que: What are the types of Living Trust? Ans: The applicable categories of Living Trusts would depend largely on the individual needs and requirements of each Client. However, the common types are (i) Children Education Trust (ii) Retirement Plan Trust (iii) Independent Care Trust (iv) Blind Trust (v) […]
STL TRUSTEES’ BUSINESS CONTINUITY PLAN
I’M IMPRESSED!
I’M IMPRESSED! I met a widower last week who seems to me well organised, not to be pitied but applauded. Steve got married in 2005 at age 31 and became a widower at age 33. Ill luck, I guess. His wife died at child birth- the baby girl Lizzy is now in Secondary School. However, […]
STL Trustees Wins Trustees of the Year Award
STL Trustees Wins Trustees of the year Award For the second consecutive year, STL Trustees has emerged “Trustees of the year” at the annual BusinessDay Banks’ And Other Financial Institutions (BAFI) Awards, universally recognized as the benchmark of excellence in Nigeria’s financial services industry. The 7th edition of the event which held recently in Lagos, […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! CROWD FUNDING TO BE REGULATED IN NIGERIA AS SEC REVEALS THAT REGULATIONS ARE UNDERWAY The Securities and Exchange Commission (SEC), has said that the commission is working on a framework to regulate the use of crowdfunding by small businesses to raise capital. This was stated recently by the Acting Director General […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! MARKET MASTERPLAN TARGETS 100 INITIATIVES TO ADVANCE NIGERIA’S CAPITAL MARKET -SEC The Acting Director-General of the Securities and Exchange Commission (SEC) , Ms Mary Uduk has revealed at the recently concluded 2019 two-day capital market conference that the10 year Market Masterplan (2015-2025) the Commission (SEC) has over 100 initiatives to advance […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! SEC COMMENCES CROSS-REFERENCE CHECKLIST REVIEW OF BOND/FIXED INCOME APPLICATIONS The Securities and Exchange Commission (SEC) has announced that it has commenced the Cross-Reference Checklist Review of Bond/fixed income applications with effect from June 1, 2019. In a circular issued on the Commission’s website on the 10th of June 2019, the SEC […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! SEC WARNS AGAINST LATEST PONZI SCHEME LOOM NIGERIA At a recent joint press conference in Abuja with the Federal Minister of Finance, Mary Uduk, the Acting Director General of the Securities and Exchange Commission (SEC), has warned Nigerians against the activities of the promoters behind the latest Ponzi scheme in the country — Loom Money […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! JOINT TRUSTEES ON THE MUNICIPALITY WASTE MANAGEMENT CONTRACTORS LIMITED (MWMCL) MEDIUM TERM NOTE RELEASE STATEMENT AMIDST MARKET SPECULATIONS ON THE STATUS OF THE TRANSACTION Amidst speculations in the capital market on the status of the Municipality Waste Management Contractors Limited (MWMCL) Medium-Term Notes Issuance, after the Issuer defaulted on payment of […]