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MAN Seeks Support For Entrepreneurs Amid Negative Reports On Products

The Manufacturers Association of Nigeria (MAN) has appealed to the Federal Government and regulatory agencies for understanding of the plight of entrepreneurs in the country, particularly in the current environment characterized by several policy weaknesses and consumer apathy. The Director General of the Association, Mr. Segun Ajayi-Kadir, who made the appeal in view of the […]

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Why FTSE-Russell, MSCI Reclassify Nigerian Securities – SEC D-G

The Securities and Exchange Commission (SEC) has attributed the reclassifications of Nigerian securities indices by FTSE-Russell and MSCI to the current foreign exchange (FX) liquidity challenges in the country and the effects on investor confidence in the economy. FTSE Russell, a subsidiary of London Stock Exchange Group (LSEG), recently downgraded the Nigerian equities market just […]

Budgeting Investments/Capital Market Latest News Planning & Economic Development

SEC Cautions Fund Managers Against Holding Client’s Funds, Securities

The Securities and Exchange Commission (SEC) Nigeria has cautioned fund managers still in the habit of holding on to client’s funds and securities to desist from such unprofessional or unethical practice or face appropriate sanctions. The commission’s Director-General, Mr. Lamido Yuguda, gave this warning while briefing journalists at the weekend on the key decisions taken […]

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Agriculture Key To Achieving Nigeria’s Economic Diversification Goals – Yuguda

The Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has described the agricultural sector as key to current efforts by the Nigerian government diversify the nation’s economy in view of the sector’s job creation and other socio-economic benefits. Yuguda made this remark at the 26th Annual Stockbroker’s Conference with the […]