The Securities and Exchange Commission (SEC) has attributed the reclassifications of Nigerian securities indices by FTSE-Russell and MSCI to the current foreign exchange (FX) liquidity challenges in the country and the effects on investor confidence in the economy. FTSE Russell, a subsidiary of London Stock Exchange Group (LSEG), recently downgraded the Nigerian equities market just […]
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has reiterated the commitment of the executive management of the commission to continue to create awareness, impart knowledge and engender public participation on issues relating to fintech, sustainable finance, financial inclusion and non-interest financing in the country. Yuguda explained that the effort to […]
The Securities and Exchange Commission has again stated that it is committed to sound and proper regulation that would engender growth and development in the capital market. Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda stated this at a meeting with market stakeholders organised by the Debt Management Office in Lagos. Yuguda […]
The Nigeria Securities and Exchange Commission (SEC Nigeria) has restated its commitment to making the nation’s capital market attractive to local and international investors as a strategic step towards improving its contributions to the yearly Gross Domestic Product (GDP). Director General of the commission, Mr. Lamido Yuguda, made the pledge during a meeting with a […]
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 Securities and Exchange Commission Nigeria (SEC) has pledged to collaborate with relevant stakeholders on real estate investments in a bid to reduce Nigeria’s housing deficit and improve the sector’s contributions to the Gross Domestic Product (GDP). Director General of the commission, Mr. Lamido Yuguda, made the promise during a meeting with the leadership of […]
The Securities and Exchange Commission (SEC) on Tuesday told the House of Representatives Committee on Capital Markets and Institutions that the Commission was engaging relevant stakeholders in a bid to resolve issues of identity management relating to the rising unclaimed dividends in the capital market as well as other issues. Identity theft is a fraudulent […]
Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda, has identified technological innovations as one of the factors that could enhance the efficiency and transparency of capital markets globally and enable financial intermediation, thereby making it easier for investors and market professionals to identify opportunities and conduct their businesses in a timely and […]
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has advised investors in the nation’s capital market to take advantage of investment-supportive initiatives introduced under the 10- Year Master Plan aimed primarily at strengthening the market, ensuring good returns on investment and catalyzing the nation’s development. The 10- Year Master Plan initiatives include e-dividend […]
The Securities and Exchange Commission (SEC) has said that Nigeria’s huge budget deficit could be funded by harnessing available finance windows from sustainable finance investors and canvassed increased green bond issuances to tackle the country’s infrastructure deficit. The Director General of the commission, Mr. Lamido Yuguda, made these recommendations on Monday at the hybrid launch […]