The Debt Management Office (DMO) has listed Federal Government of Nigeria (FGN) 2021 $4 billion Eurobonds on the FMDQ Group Securities Exchange in furtherance of its efforts to build investor confidence and also secure investments in the securities market. The DMO on its website stated that the Eurobond was listed in three tranches of seven […]
The CRC Credit Bureau Limited had secured the Certificate of Accreditation as an Education/Training Service Provider (ETSPs) of the Chartered Institute of Bankers of Nigeria (CIBN). The certificate was presented on Tuesday by the Institute’s President/Chairman of Council, Dr. Bayo Olugbemi to the Bureau’s Group Managing Director/CEO, Dr. ‘Tunde Popoola, in furtherance to receiving the […]
The United States’ (U.S’) Securities and Exchange Commission (SEC) on Friday announced three awards totaling more than $40 million to four whistleblowers, who provided information and assistance in three separate covered actions. In the first order, the commission issued an award of approximately $37 million to two joint whistleblowers, who provided key evidence that contributed […]
To address the current challenges constraining optimal output from Africa’s oil-producing countries and ensure sustainable growth of the hydrocarbon resources industry, an industry expert, Mr. Kola Karim, has charged banks in the continent to commit more funds to critical value chains in the sector. Karim, who gave the charge during an interview with African Energy […]
The Securities and Exchange Commission (SEC) Nigeria has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by COVID-19 Pandemic and its variants. Director General of the SEC, Mr. Lamido Yuguda, who spoke at a meeting […]
The United States’ (U.S’) Securities and Exchange Commission on Monday announced fraud charges against five Russian nationals for engaging in a multi-year scheme to profit from stolen corporate earnings announcements obtained by hacking into the systems of two U.S.-based filing agent companies before the announcements were made public. A statement by the commission relating to […]
The United States’ (U.S’) Securities and Exchange Commission at the weekend announced charges against J.P. Morgan Securities LLC (JPMS), a broker-dealer subsidiary of JPMorgan Chase & Co., for widespread and longstanding failures by the firm and its employees to maintain and preserve written communications. The firm admitted the facts set forth in the SEC’s order […]
The Securities and Exchange Commission (SEC) Nigeria is to commence regulatory fee on fixed income (Bonds) secondary market transactions with effect from January 1, 2022. This disclosure was contained in a Circular dated December 15, 2021 and signed by the commission’s management. According to the Commission, the circular is made pursuant to Section 13(u) of the […]
The United States’ (U.S’) Securities and Exchange Commission has approved the 2022 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee. Speaking on the approval, SEC Chair, Gary Gensler, said: “Finance is about trust, and the PCAOB has a critical role to play in ensuring that public company […]
The Nigerian Communications Commission (NCC) has debunked insinuations in some media reports that it was aware of the involvement of Senator Bola Ahmed Tinubu in Mafab Communications Limited, one of the two winners in the just ended the 5G spectrum auction, saying that such claims are figment of imagination of the affected media houses. The […]