Oil services firm Caverton listed 3.35 billion ordinary shares on the Nigerian Stock Exchange at 9.50 naira each on Tuesday, valuing the company at 31.83 billion naira ($195.2 million).

The Nigerian Stock Exchange (NGSE) launched its whistleblowing portal (X-Whistle) on Monday, March 24, 2014, to enable operators, investors and other stakeholders disclose information on market infractions and abuse.

The findings of the Nigerian Securities and Exchange Commission investigation into Ecobank Transnational Incorporated (ETI) this month highlight the supervision and corporate governance risks of large pan-African groups, Fitch Ratings says. Insufficient cross-border supervision and lower regulatory standards in some frontier markets are constraints on the ratings of pan-African banking groups.

The Nigerian Stock Exchange (NGSE) is the latest bourse to be admitted by the Intermarket Surveillance Group (ISG) as the alliance recently informed The NGSE that its application to join the ISG was successful after a rigorous review process.