The Securities and Exchange Commission (SEC) is set to hold the Third Capital Market Committee (CMC) meeting in 2021 from Thursday November 11 to Friday 12, 2021. The meeting is scheduled to hold virtually through Zoom with key stakeholders in…
The Securities and Exchange Commission (SEC) says it will, in collaboration with capital market stakeholders, discuss ways to chart a roadmap for the commodities trading ecosystem. A statement by the management of SEC in Abuja, on Sunday, said the virtual…
By Seun Ibiyemi In a bid to curb poor market conduct, the Securities and Exchange Commission (SEC) has resolved to intensify monitoring and surveillance of the market and has vowed to apply stiff sanctions to any operator who engages in…
By Kayode Tokede In a bid to ensure that financial crimes in the capital market are reduced to the barest minimum, the Securities and Exchange Commission (SEC) has engaged staff of the Economic and Financial Crimes Commission (EFCC) on capital…
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate Bond (Series II Bond), MTN’s Company Secretary, Mrs Uto Ukpanah, announced in a notice. The notice explained that the transaction…
By Kayode Tokede The Securities and Exchange Commission (SEC), Nigerian Exchange (SEC) Ltd. and some Fintech operators have said that technology companies could leverage Nigeria’s capital market platforms to raise funds. They made the submission at the Virtual TechNovation Conference…
By Kayode Tokede The Securities and Exchange Commission (SEC) and National Insurance Commission (NAICOM) have sanctioned African Alliance Insurance Plc N3.9million for contravening certain regulations in 2020 financial year. The capital market regulating body sanctioned the Insurance company N3.4million in…
By Kayode Tokede The Securities and Exchange Commission (SEC) has again affirmed that the capital market has the potentials to bridge the infrastructure gap in the country as well as aid economic development. This was stated by Executive Commissioner Operations…
By Kayode Tokede MTN Nigeria Communications Plc (MTN Nigeria) advises the Nigerian Exchange Limited (NGX) and the investing public that an application has been submitted to the Securities & Exchange Commission (SEC), for the clearance of transaction documents for MTN…
By Kayode Tokede The Securities and Exchange Commission (SEC) has announced that it has commenced implementation of 100 per cent custody requirement in the Collective Investment Schemes (CIS) sector to protect investors. The Director-General of the SEC, Mr Lamido Yuguda…
