The Securities and Exchange Commission, SEC, has urged investors in the nation’s capital market to provide proofs of ownership to facilitate the regularization of their accounts and help curb the increasingly worrisome rate of unclaimed dividends in the market. The Acting Director General of the SEC, Ms Mary Uduk, gave the advice at a One-Day […]
Appraising the performance of the Nigerian investment space the past year, reflects a sector that has continued to respond proactively to emerging global trends following innovative strategies being adopted by those saddled with the responsibility of guiding the investment market towards desirable direction for sustainable growth. As it were, the Nigerian Stock Exchange (NSE) serves […]
The Securities and exchange Commission (SEC) on Sunday disclosed that out of the over 90 initiatives outlined in the 10-Year Capital Market Master Plan, 66 initiatives had been flagged off since year 2015 with 13 of them completed so far. The Acting Director General of the SEC, Ms. Mary Uduk was quoted in a statement […]
The Securities and Exchange Commission (SEC) has extended the deadline for the issuance of dividend warrants to 31st December 2019. According to the capital market regulator, the extension is to enable relevant stakeholders deliberate on and address all outstanding issues relating to the practice. The Commission, in a circular hoisted on its website, stated that […]
The Capital Market Committee (CMC) has recommended that the ongoing dematerialization of shares being traded on the Nigerian Stock Exchange (NSE) should be extended to unlisted companies to boost the market’s capitalization. The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, gave this hint while briefing journalists on the decisions taken […]
The Securities and Exchange Commission (SEC) at the weekend projected that Nigeria’s infrastructure deficit would hit $878 billion by 2040, and canvassed as a remedial measure the utilisation of green bond earnings to close the infrastructure gap. The commission’s acting Director-General, Mary Uduk, made the forecast at the 2018 annual workshop of the Capital Market […]
The Securities and Exchange Commission (SEC) on Monday launched the Green Bonds Issuance Rules, following series of engagements with stakeholders and capital market operators on how governments could raise funds through the instrument . The Commission has over the past months collaborated with the Green Bonds Market Development Programme, supported by the Climate Bonds Initiative […]
The Securities and Exchange Commission (SEC) has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy. Acting Director General of the Commission, Ms. Mary Uduk, gave this assurance in her remarks at the 2018 PEARL Awards Night held at the weekend in […]
The Securities and Exchange Commission (SEC) has canvassed the need for government-owned enterprises to be listed on the Nigerian Stock Exchange (NSE) in furtherance of the current drive to deepen the market’s capitalization. The commission’s Acting Director General, Ms Mary Uduk, mulled the idea when members of the Senate Committee on Capital Market visited her […]