L-R: Acting Executive Commissioner, Corporate Services of the Securities and Exchange Commission (SEC), Mr. Henry Rolands, Acting Director General of the Commission, Ms Mary Uduk; and the Acting Executive Commissioner, Operations, Mr Isyaku Tilde during the SEC Annual Retreat Lecture in Abuja at the weekend.
By regulatory requirements, quoted companies on the Nigerian Stock Exchange (NSE) has up till tomorrow, October 30, to submit their financial statements and reports for the third quarter of this financial year, failure to comply Taxafor which they would be sanctioned. Defaulting entities could face regulatory sanctions that range from N100,000 to N100 million. Under […]
The Federal Government has increased the penalty for gas flaring to $2 per 1,000 standard cubic feet of gas, SCF, from N10 per 1,000 SCF earlier imposed as sanction for the offence. In the latest gazetted ‘Flare Gas (Prevention of Waste and Pollution) Regulations 2018,’ released by the Federal Ministry of Petroleum Resources, government stipulated […]