By Kayode Tokede The Securities and Exchange Commission (SEC) in collaboration with the Nigeria Employers’ Consultative Association (NECA) is set to inaugurate the Securities Issuers Forum via webinar. This was stated by the SEC in a statement released in Abuja…
By Kayode Tokede Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the shareholders of the Company and the capital market. This was contained in a circular released by the SEC…
The Securities and Exchange Commission (SEC) has proposed N10 million registration fee for issuing houses, underwriters and fund managers from the current fee of N500,000. The commission stated this in a document titled, “Exposure of proposed new rule and sundry…
By Kayode Tokede The Securities and Exchange Commission (SEC) has approved the renewal of Dangote Cement Share Buyback Programme effective until the 21st of January, 2022. According to a notice signed by the deputy secretary of Dangote Group, Edward Imoedemhe,…
By Kayode Tokede The Securities and Exchange Commission (SEC) has issued an interoperability/financial infrastructure link framework among central securities depositories to enhance the efficiency of trading, settlements and aligning the market with international best practices. SEC said in a statement…
The Islamic Financial Services Board (IFSB) and the Securities and Exchange Commission (SEC) Nigeria successfully hosted a joint seminar themed “COVID-19: Investor Protection and Transparency in The Islamic Capital Market.” The seminar was aimed at increasing the awareness of the…
By Kayode Tokede The Nigerian Exchange (NGX) Limited has announced that it has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC) on June 28. The NGX Chief Executive Officer, Mr Temi Popoola, disclosed this in…
By Kayode Tokede The Securities and Exchange Commission (SEC) says it will stop operations of the Capital Market Operators (CMOs) yet to renew their registration on May 31. The commission disclosed this in a circular signed by the management on…
By Kayode Tokede In an attempt to reduce the demand for foreign stocks in Nigeria, the Securities and Exchange Commission (SEC) is proposing tighter and stricter regulatory oversight and requirements for foreign stockbrokers in the country. The executive commissioner for…
By Kayode Tokede The Securities and Exchange Commission, SEC, has denied conducting any recruitment exercise as being circulated in several websites and blogs purportedly associated to the SEC. The Commission in a statement at the weekend said, “The attention of…
