The Securities and Exchange Commission has issued its Framework on Banking Sector Capitalisation Programme, 2024. The framework was released on the commission’s website on Friday. This comes following the Central Bank of Nigeria March’s announcement of fresh minimum capital requirements for…
The Securities and Exchange Commission has mandated all capital market operators to implement an Enterprise riskManagement Framework that aligns with internationally recognised standards. This was disclosed in a statement made available to Nigerian NewsDirect. According to the SEC, these standards…
The Securities and Exchange Commission has announced plans to release a framework that will guide the capital market in the proposed recapitalisation exercise by banks. The acting Director General of the SEC, Emomotimi Agama, disclosed this during a meeting with…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for Securities and Exchange Commission (SEC’s) guidance and collaboration in harmonising the peer-to-peer (P2P) forex sector in the country. In an official courtesy visit to the newly appointed…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has reached out to the Securities and Exchange Commission (SEC) to propose a collaborative effort on harmonising the nation’s digital currency and peer-to-peer (P2P) forex sectors. Aminu Gwadabe, the ABCON…
President Bola Tinubu has asked the Senate to screen and confirm four persons appointed as board members of the Securities and Exchange Commission (SEC), the apex regulator of Nigeria’s Capital Market. The President’s request was contained in a letter read…
…Vows to support digital assets players contributing to economic growth By Matthew Denis, Abuja In a strategic move to curb the Vows to support digital assets players contributing to economic grow the manipulation of the Naira in the Fx market…
The Securities and Exchange Commission (SEC) has said that it will soon issue appropriate guidelines to facilitate an efficient capital raising process in the present exercise. Lamido Yuguda, outgoing SEC’s Director-General, stated this at a virtual press briefing on the…
By Matthew Denis The Securities and Exchange Commission (SEC) has disclosed that the Capital Market Committee (CMC) for the first quarter of 2024 is scheduled to be held virtually on Thursday, 18TH April 2024 to discuss challenges, brainstorm ideas and…
The plan by the British majority owner of consumer goods company PZ Cussons Nigeria to fully acquire the organisation and take it private has suffered another setback as the Securities and Exchange Commission (SEC) a key regulator has withheld the…
