TRUSTEES PROTECT THE INTERESTS OF THE BONDHOLDERS, SAYS AKIN ONI
The role of “Corporate Trustees’ in capital market debt issuances is primarily hinged upon investor protection while not jeopardizing the interests of the Issuer.” STL Trustees Head of Trust Services, Akin Oni, shared this view during his presentation at a recent webinar organized by STL Trustees Limited titled, “The Role of Corporate Trustees in Capital […]
STL TRUSTEES WINS DOUBLE RECOGNITION AT THE 2021 INSTINCTBUSINESS FINANCE INNOVATION AWARDS (IBFIA)
STL Trustees has been recognized as “Africa Trustee Company of the Year” in this year’s edition of InstinctBusiness Finance Innovation Awards (IBFIA) which was held recently in Accra, Ghana. The Managing Director and Chief Executive Officer of the company, Funmi Ekundayo, was also recognized for her outstanding contribution to the trusteeship industry in Nigeria. IBFIA, […]
STL WINS TRUSTEE OF THE YEAR AT BAFI AWARDS 2020
STL Trustees has once again been recognized as the Trustee of the year at this year’s BusinessDay Banks and other Financial Institutions (BAFI) Awards held recently at Intercontinental Hotels, Lagos. It is the third time in three years that STL Trustees has won the award. On hand to receive the award for the company was […]
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 […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! NSE SET TO LAUNCH TRADING PLATFORM FOR MUTUAL FUNDS The Nigerian Stock Exchange (NSE) in conjunction with the Fund Managers Association of Nigeria (FMAN), the Central Securities Clearing Systems (CSCS) and the Association of Stockholding, Nigeria (ASHON) is set to launch a new trading platform for collective investment schemes (CIS), otherwise known […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! FG DEPLOYS PROCEEDS OF SECOND SOVEREIGN SUKUK IJARAH ISSUANCE At a brief ceremony in Abuja on Thursday 10th January 2019, the Minister for Finance, Mrs. Zainab Ahmed, formally handed over the N100 billion generated from the Sukuk Ijarah issued by the Federal Government in December 2018. During the ceremony which was […]