The Securities and Exchange Commission (SEC) Nigeria has cautioned fund managers still in the habit of holding on to client’s funds and securities to desist from such unprofessional or unethical practice or face appropriate sanctions. The commission’s Director-General, Mr. Lamido Yuguda, gave this warning while briefing journalists at the weekend on the key decisions taken […]
In a bid to fully digitalize operations of the Nigerian capital market, the Securities and Exchange Commission (SEC) Nigeria is proposing some guidelines that will enable investors in the capital market to be able to do virtually everything they need to do on their internet-enabled appliances and at their convenience. The guidelines are contained in […]
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 […]