By Kayode Tokede The Securities and Exchange Commission (SEC) with the support of FSD Africa is to develop an Information Communication and Technology (ICT) transformation strategy to improve market regulatory efficiency. A document published on the commission’s website on Tuesday,…
By Kayode Tokede The Securities and Exchange Commission (SEC) has again urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. This was stated by Executive…
The Director-General of the Securities & Exchange Commission (SEC), Mr. Lamido Yuguda has disclosed that 4,012,311 accounts have incomplete Know-Your-Customer (KYC) information as at April 8, stressing that the deadline for 2021 renewal is April 30th, 2021. The Director-General stated…
By Kayode Tokede The Securities and Exchange Commission (SEC) has stated that it will continue to engage players in the Fintech space and support them to operate lawfully in a bid to ensure the delivery of safe products and services…
By Kayode Tokede The Securities and Exchange Commission (SEC) says it is working with the Central Bank of Nigeria (CBN) for better understanding and regulation of cryptocurencies in the country. The Director-General, SEC, Lamido Yuguda, said this at the 2021…
By Kayode Tokede The Securities and Exchange Commission (SEC) has announced that the first Capital Market Committee (CMC) meeting in 2021 will hold from Thursday April 15 to Friday April 16, 2021. The meeting is scheduled to hold virtually through…
By Kayode Tokede The Securities and Exchange Commission (SEC) has warned the investing public on the proliferation of unregistered online investment and trading platforms facilitating access to trading in securities listed in foreign markets. This was contained in a circular…
By Kayode Tokede The Securities and Exchange Commission (SEC) has approved the appointments of the chief executives officers of the demutalised exchange and their operating subsidiaries. Chairman of Nigerian Exchange Group Plc (NGX Group) Board of Directors, Otunba Abimbola Ogunbanjo…
The Securities and Exchange Commission (SEC) has warned potential capital market investors against putting their funds in fraudulent investment schemes that promise unreasonably high returns that cannot be justified. The capital market regulator also outlined some of the tactics used…
…as Stanbic IBTC pays N32m penalty for cash evacuation to offshore accounts By Kayode Tokede The Central Bank of Nigeria (CBN) and the Securities Exchange Commission have imposed penalties of N277 million on Stanbic IBTC. The breakdown shows that N32million…
