The Securities and Exchange Commission (SEC) Nigeria has said that the safety of investors and their investments in the capital market is one of its cardinal objectives in rolling out its Regulatory Incubation Programme for Fintechs. The commission’s Director, Registration, Exchanges, Market Infrastructure and Innovation, Mr. Abdulkadir Abbas, who made this remark in Abuja, explained […]
The Securities and Exchange Commission (SEC) Nigeria has said that efficient dispute resolution mechanism adopted by well-informed adjudicators holds great potential for sustainable growth of the nation’s capital market and engender investor confidence in the bourse. The commission’s Director-General, Mr. Lamido Yuguda, made this remark at a one-day workshop organised by the Investment and Securities […]
The Securities and Exchange Commission (SEC) Nigeria has concluded plans to hold an enlightenment programme for staff of the Federal Road Safety Corps (FRSC) nationwide as part of its efforts to ensure the continued enlightenment of investors to enable them take more informed investment decisions. The programme, which has the theme “Investor Safety” and is […]
Following the failure of Michael Ukiye Diongoli and UK Dion Investment Limited to appear in court, the prosecution has applied to Justice Zainab Abubakar to issue a criminal summon to ensure the accused appears in court on June 19th for commencement of trial. When the matter came up for arraignment Tuesday, the defendant was not available in […]
The Securities and Exchange Commission (SEC) Nigeria has opened the Regulatory Incubation (RI) programme for fintechs operating or seeking to operate in the Nigerian Capital Market. The capital market regulator, in a circular issued on April 28, 2023, stated that the RI portal would be opened from the date to 26th May this year and encouraged all […]
The Securities and Exchange Commission (SEC) Nigeria has expressed strong optimism that the Nigerian capital market, being an organized and specialized financial market that drives capital mobilization through domestic savings and foreign capital inflows, is well positioned for the realization of the objectives of the 2023 Budget of Fiscal consolidation and Transition. The SEC’s Director-General, […]
The Securities and Exchange Commission (SEC) Nigeria has issued a fund/portfolio manager’s licence to Kudy Financials Limited, a subsidiary of Kudy Financials SARL, to offer investment products and services in the nation’s capital market. In its approval letter to the firm, the capital market regulator stated that the approval became effective from 11th April, 2023 and […]
The Securities and Exchange Commission (SEC) Nigeria has expressed optimism that the passage of the Investments and Securities Bill (ISB) 2023 and its signing later by the President will create new investment opportunities in the nation’s capital market and improve its contributions to the Gross Domestic Product (GDP) The commission’s Director-General, Mr. Lamido Yuguda, pointed […]
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 has registered the 2,055,226,476 bonus shares of Nigerian Breweries Plc approved by the shareholders at an Extraordinary General Meeting (EoGM) held on December 8, 2022 in Lagos. The Company Secretary, Barr. Uaboi Agbaku, in a corporate disclosure sent to the Nigerian Exchange Limited (NGX), stated that the befitting […]