The Securities and Exchange Commission Nigeria (SEC) has organized a capital market training for employees of the Economic and Financial Crimes Commission (EFCC) as part of its regulatory measures to ensure that financial crimes are reduced to the barest minimum in the nation’s capital market. Speaking during the opening session of the one-day training with […]
Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda, has expressed optimism that the Securities Issuers Forum (SIF) will create a platform for issuers to engage the Commission in order to encourage more listings, improve contributions of issuers to the development of the capital market, deepen and broaden the market and sustainably contribute […]
The Securities and Exchange Commission (SEC) has restated its position on the proposed launch of Crowdyvest Halal Fund by Crowdyvest, stressing that the company is not registered for any funding scheme operations in the country. The commission has, therefore, warned the public to be wary in their investments efforts and ensure that only legally registered […]
The Securities and Exchange Commission (SEC) at the weekend re-iterated the need for investors in the nation’s capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. The commission’s Executive Commissioner Operations, Mr. Dayo Obisan, gave the charge during an interview in Abuja. Obisan said […]
In what seems to be call for the moderation of the Central Bank of Nigeria’s (CBN’s) policy stance on the raging cryptocurrencies’ controversies in the country, the Vice President, Prof. Yemi Osinbajo, on Friday canvassed the regulation of cryptocurrencies rather than outright outlawing the digital currency in the country. Osinbanjo, in his speech at the […]
In furtherance of its sustained efforts to encourage investors in the Nigerian capital market for more investments, the Securities and Exchange Commission (SEC) on Monday advised investors to make comments or inputs on the just issued new fees for the registration of existing fixed income securities, including dual listings. Under the new fees regime, the […]
FMDQ OTC Securities Exchange has announced its change from an OTC Market to a full-fledged securities exchange following necessary approvals by the nation’s capital market regulator, the Securities and Exchange Commission of its application to the effect. The company, which was also previously known as FMDQ OTC Plc, is now known as FMDQ Securities Plc. […]
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 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), has scheduled a Town Hall meeting tomorrow in Port Harcourt, Rivers State, with capital market stakeholders in furtherance of its sustained efforts to enlighten investors and the general public on the process and benefits of e-dividend in the South-South geo-political zone. The meeting, which will also create avenue for […]