T. A. T. Yagba

THE NEW REGIME AGAINST INSIDER TRADING AND THE INTERNATIONALISATION OF THE NIGERIAN CAPITAL MARKET

Until recently, the subject of insider trading scarcely aroused any interest in Nigeria, both in academic and business circles. One reason fo, this may have been the relative under-development of the capital marke, Very few companies traded their securities on ‘the Stock Exchange. By March, 1994, less than 200 of the over 200,000 companies register...

SECURITIES TRADING AND INVESTOR PROTECTION IN NIGERIA: AN ASSESSMENT OF THE CURRENT REGIME

The most important distinguishing feature of a Public Company is the fact that it can offer its shares or debentures to the public generally for subscription or purchase. A Private Company on the other hand is prohibited from soliciting investment by a public issue of securities. Infact even the transferability of its shares has to be restricted in...