By Kayode Tokede In a bid to further protect investors and deepen the capital market, the Securities and Exchange Commission (SEC) has announced that it has commenced the implementation of 100% custody requirement in the Collective Investment Schemes sector. Director…
By Kayode Tokede AXA Mansard Insurance Plc, has obtained pre-requisite regulatory approvals to reconstruct its shares, from a nominal value of 50 kobo to N2 per share. This is according to a disclosure signed by the company’s secretary, Mrs Omowunmi…
By Kayode Tokede Foremost diagnostic firm, Union Diagnostics and Clinical Services Plc, says it has received approval from the Securities and Exchange Commission (SEC) and other agencies to delist its shares from the Nigerian Exchange Limited (NGX). The indigenous medical…
By Kayode Tokede The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within the next two years. The Director-General, SEC, Mr Lamido Yuguda in a statement noted that the Commission…
By Kayode Tokede The Securities and Exchange Commission (SEC) has expressed the need for the capital market to be strengthened to accelerate domestic production and employment given the direct correlation between increase in production and job creation. To achieve this,…
By Kayode Tokede The Securities and Exchange Commission (SEC) on Friday vowed to clamp down on illegal capital market operators, especially operators of Ponzi Schemes. The Director-General, SEC, Mr Lamido Yuguda, read the riot act to capital market operators at…
By Kayode Tokede The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the Risk Management Association of Nigeria (RIMAN) in its quest to make more products available in the capital market as well as deepen the…
By Kayode Tokede The Securities and Exchange Commission (SEC) has commenced the implementation of the regulatory capacity improvements under the risk-based supervision framework and capacity building project. The project funded from the AfDB Group administered/Capital Markets Development Trust Fund is…
By Kayode Tokede The Securities and Exchange Commission (SEC) is set to hold the Second Capital Market Committee (CMC) meeting in 2021 from this week. The meeting is scheduled to hold virtually through Zoom with key stakeholders in the capital…
By Kayode Tokede Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda has expressed optimism that the Securities Issuers Forum (SIF) will create a platform for issuers to engage the Commission in order to encourage more listings, improve…
