The Securities and Exchange Commission (SEC) Nigeria has reiterated its commitment to achieve 50 listing of Shari’ah-compliant products in the capital market with a combined market capitalisation of at least N5 trillion by 2025. The commission’s Director-General, Mr. Lamido Yuguda, who restated the commitment at a “Capacity Building Workshop for local Shariah Talent for Non-interest […]
The Securities and Exchange Commission (SEC) Nigeria has identified investment in and deployment of financial technology (fintech) as crucial in attracting youth participation in the nation’s fast growing capital market and deepening its base. The commission’s Director-General, Mr. Lamido Yuguda, explained that this was why the commission had been encouraging operators to develop the right […]
The Securities and Exchange Commission (SEC) Nigeria on Thursday announced that it had initiated moves to rebuild the E-Dividend Management Mandate System (e-DMMS) platform as a strategic step towards reducing unclaimed dividends in the nation’s capital market. The commission’s Director-General, Mr. Lamido Yuguda, who gave this hint in Abuja, said that the initiative was informed by the […]
The Securities and Exchange Commission (SEC) Nigeria at the weekend expressed optimism that the passage of the proposed Investments and Securities Bill (ISB) will check the surging incidents of Ponzi/Pyramid and other illegal investment schemes in the country. The Director-General of the commission, Mr. Lamido Yuguda, was quoted in a statement that the passage of […]