The Securities and Exchange Commission (SEC), has sealed the office of Ready Finance Investors Limited for engaging in illegal investment and other capital market activities. A statement issued by the Commission in Abuja, said the office located at AYA Memorial…
By Matthew Denis The Securities and Exchange Commission (SEC) is set to hold the third quarter Capital Market Committee (CMC) meeting in 2023. The meeting is scheduled to be held on Thursday at the Federal Palace Hotel in Lagos, while…
Stanbic IBTC Bank is set to exit the capital market as the holding company, Stanbic IBTC Holdings Plc made the announcement. Stanbic IBTC Holdings Company’s Secretary, Chidi Okezie in a corporate notice filed with the Nigerian Exchange Limited on Tuesday…
The Vice President of Nigeria, Senator Kashim Shettima has identified a vibrant capital market to generate funding as an alternative to borrowing from foreign lenders. The Vice President made his position known at the opening ceremony of the 3rd West…
The Director-General, Securities and Exchange Commission (SEC) has stated that the Nigerian Capital Market has the capacity and well positioned to finance Public-Private Partnership (PPP) infrastructure projects in the country. Yuguda made this remark at the 2023 Chartered Institute of…
VFD Group PLC (‘VFD Group’ or ‘the Group’), a leading proprietary investment company with investments in banking, non-banking financial institutions, market infrastructure, technology, real estate, hospitality, media, entertainment, and energy, has received shareholder approval to raise an additional N32.5 billion…
The financial services industry dominated in volume terms at the end of last week’s transactions on the equities sector of Nigeria’s capital market. It led the activity chart with 2.1 billion shares valued at n21.8 billion traded in 14,008 deals,…
By Philemon Adedeji The Securities and Exchange Commission (SEC), has assured investors that the interest of minority shareholders would be protected during all transactions in the capital market. The Director General, SEC, Mr. Lamido Yuguda gave the assurance in Abuja…
The nation’s capital market received a major boost Wednesday as the Senate of the Federal Republic of Nigeria passed into law, the Investments and Securities Bill 2023. The Bill which is expected to aid the functioning of the capital market…
The capital market is working to develop products that would make the market attractive to the younger generation in a bid to further deepen the market. Director General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda stated this…
