The Securities and Exchange Commission (SEC), says it has plans to unveil a revised version of the 10-year Capital Market Masterplan that will take into account market dynamism and innovations in FinTech among others. This was disclosed by Director-General of…
The Chartered Institute of Brokers (CIS) is backing the Securities and Exchange Commission (SEC) to introduce charges on fixed income securities in Nigeria’s capital market. The CIS president, Mr Olatunde Amolegbe, said this in an interview with the journalists on…
The Securities and Exchange Commission has reminded all fund managers that payment of the annual supervisory fee to the Commission becomes due from the 1st January 2022 and full payment must be made on or before 31st January 2022. This…
The Securities and Exchange Commission (SEC) has warned the public against dealings with FinAfrica Investment Ltd and Poyoyo Investment. The commission said the two companies are not registered to operate in the Nigerian capital market, particularly labelling Poyoyo Investment as…
With effect from January 1, 2022, the Securities and Exchange Commission (SEC) will begin imposing regulatory fees on fixed income secondary market transactions. This was disclosed in a recently released document titled “Circular on the commencement of regulation on a…
Capital Market Operators (CMOs) will from Jan. 1 begin payment of regulatory fees on bonds for secondary market transactions, the Securities and Exchange Commission (SEC) says. A circular by the management of the Commission in Abuja on Thursday, said it…
The Securities and Exchange Commission (SEC) is looking to partner with stakeholders in real estate investment to reduce Nigeria’s estimated 20 million housing deficit. The Director-General, SEC, Lamido Yuguda, who disclosed this recently at a meeting with the Nigerian Institution…
By Seun Ibiyemi The Director-General, Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Yuguda stated this in his keynote address on Saturday at the Institute of…
The Securities and Exchange Commission (SEC) has frowned at the resurgence of Ponzi schemes and illegal fund managers in the country’s financial sector. The Director-General of SEC, Mr Lamido Yuguda, frowned at the development at an enlightenment workshop with the…
The Securities and Exchange Commission (SEC) in collaboration with the Financial Literacy Technical Committee (FLTC), has joined the rest of the world to commemorate the 5th edition of the 2021 World Investor Week (WIW). The week-long event being coordinated by…
