Systems Technology Limited (Bamboo), one of Africa’s leading online brokerage firms, has announced its licensing by Securities and Exchange Commission (SEC) Nigeria to operate in the Nigerian capital market and include Nigerian securities on its platform. The approval by the commission granted the digital brokerage firm will help in strengthening its relationship with its sponsoring […]
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has hinted of plans by the capital market regulatory commission to collaborate with the Nigerian Agricultural Insurance Corporation (NAIC) in a bid to further deepen the commodities trading ecosystem. Yuguda, who made this disclosure during the commission team’s meeting with the management of NAIC […]
The Federal Government at the weekend expressed its commitment to continuously improve the diversification of the nation’s economy by growing other sectors, particularly the commodities trading ecosystem. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who gave this assurance during the presentation of Gold coin to her by the Lagos Futures and […]
The Securities and Exchange Commission (SEC) Nigeria has restated its commitment to continuously educate and enlighten investors as part of its sustained efforts to guide them on right investment decisions. The commission’s Head, Office of the Chief Economist of the SEC, Dr. Okey Umeano, who made this promise during an interview, noted that the rising spate of […]
The Securities and Exchange Commission (SEC) Nigeria has reiterated its concern on proliferation of operators running illegal investment schemes in the country and described the ugly situation as undesirable in the nation’s investment space Director General of the commission, Mr. Lamido Yuguda, who expressed the market regulator’s concern in a New Year Message in Abuja, […]
The Chairman of the House of Representatives’ Committee on Capital Markets and Institutions, Hon. Babangida Ibrahim, has described the Investments and Securities Bill as having the potential of transforming the capital market, attracting foreign investors and boosting their confidence in the nation’s investment space, amongst other benefits. The lawmaker made this remark during an interview […]
The Securities and Exchange Commission (SEC) Nigeria has approved the regulations for listing on the Nigerian Exchange’s Technology Board. The NGX, intends to use the Technology Board, which is a specialized listing and capital-raising platform for technology-based businesses, to promote investments in African and indigenous technology-oriented businesses, give these businesses more prominence, and grow the […]
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 (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 has promised The Gambian financial system authorities necessary assistance in their current initiatives aimed at boosting their nation’s capital market. The SEC Executive Commissioner Operations, Mr. Dayo Obisan, made the promise when he received a team from Central Bank of The Gambia on a study visit to the […]