The Securities and Exchange Commission (SEC) on Thursday said that the deadline on forbearance on holders of multiple accounts in the capital market had been extended to December 31, 2019. It explained that the extension of the deadline, which was part of the decisions reached at the end of the 3rd Capital Market Committee’s (CMC’s) […]
The Acting Director General of the Securities and Exchange Commission (SEC Nigeria), Ms Mary Uduk, has assured investors in the nation’s capital market that their investments will not be impacted negatively by the 2019 elections. Uduk was quoted in a statement as giving the assurance during her interaction with journalists on the sidelines of the […]
The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, on Thursday advised Nigerians to take advantage of various financial products availed by the nation’s equity market and explore them for investment. Uduk, gave the advice in her welcome address delivered at the event by the commission’s Head of Investment Education […]
FSD Africa and the Securities and Exchange Commission of Nigeria (SEC Nigeria) on Friday signed an agreement for the purposes of unlocking capital and building investor confidence through stronger regulations and international standards in the Nigerian capital market. FSD Africa is a UK Aid funded non-profit company committed to increase prosperity, create jobs and alleviate […]
The Securities and Exchange Commission (SEC) on Wednesday hinted that it would soon roll out regulations that would guide investors of financial technology (FinTech) products in the country’s capital market. The Acting Director General, Ms. Mary Uduk, who gave this hint at a lecture in Abuja, explained that the move was in furtherance of the […]
The Chief Magistrate of Wuse Magistrate Court in Abuja, Chinyere Nweoachenu, has dismissed all applications brought before her by BGL Plc and her subsidiaries objecting to their trial before the court. The Chief Magistrate therefore fixed definite hearing of the case for Wednesday October 2, 2018. In her ruling on the applications, Magistrate Nweoachenu stated […]
The Securities and Exchange Commission (SEC) on Sunday announced the extension of the forbearance for multiple accounts to the end of this year. The commission’s Acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, stated that the decision to extend the timeline was taken by the Capital Market Committee during its just concluded meeting in […]
The Chartered Institute of Stockbrokers (CIS) has promised to collaborate with the Securities and Exchange Commission (SEC) in its current efforts aimed at integrating capital market studies into schools’ curriculum in the country. The Commission is currently developing a curriculum on capital market studies as part of its financial literacy programme targeted at boosting investment […]
The Securities and Exchange Commission, SEC, has restated its readiness to consistently collaborate with relevant stakeholders in the nation’s investment space to further deepen the capital market. The Acting Director General of the SEC, Ms. Mary Uduk, expressed this position when members of the Association of Stockbroking Houses of Nigeria (ASHON) met with management of […]
L-R: Member Governing Council, Centre for Management Development, Hon. Ken Asogwa; Chairman, Paystar Ltd, Mr Sam Ikoku; Acting, Director General, Securities and Exchange Commission (SEC) Ms. Mary Uduk, Acting, Executive Commissioner Legal and Enforcement, (SEC), Mr. Reginald Karawusa and Head Business Development and Advisory Service, Blackstone Private Equity Ltd, Ifeanyi Maduechesi; during a Meeting between […]