…Calls for more collaboration, awareness By Philemon Adedeji With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have…
GlaxoSmithKline Consumer Nigeria Plc, the makers and distributors of Panadol in Nigeria has decided to close down its operations in the country and will present a scheme on shareholders’ money to the Securities and Exchange Commission (SEC), the capital market…
In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilisation to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and…
Forex trading is an intriguing and potentially lucrative realm. Nevertheless, it involves significant risks that should not be overlooked. Navigating these perils and attaining enduring triumph necessitates implementing prudent risk management strategies. This post delves into crucial approaches for managing…
McNichols Consolidated Plc is pleased to notify that the Company has obtained an approval from the Securities and Exchange Commission (SEC) to conduct the signing ceremony with regards to the proposed Rights Issue of $31,242,609 (Five Hundred and Thirty One…
Officers of the Federal Road Safety Corps (FRSC) have been urged to avoid Ponzi schemes and only invest in entities registered with the regulatory body. The Securities and Exchange Commission (SEC) gave the advice during an investor enlightenment programme tagged…
The Securities and Exchange Commission (SEC) has said that its financial statements have been duly audited over the years, restating commitment to high corporate governance standards. According to a statement signed by the Management of the Commission, “the attention of…
Except the Securities and Exchange Commission (SEC) decides otherwise, the 2,841,116,504 rights issue approved for Sovereign Trust Insurance Plc will open on 6th July. Equity Union Limited, the company secretary announced on Monday that the Rights Issue will open for…
By Philemon Adedeji The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increased opportunities for…
The Securities and Exchange Commission has declared the activities of a cryptocurrency site known as Binance illegal in Nigeria. The Commission disclosed this in a statement posted on its website recently. It stated that Binance is neither registered nor regulated…
