Home Tags Securities and Exchange Commission

Securities and Exchange Commission

Johannesburg Stock Exchange suspends Oando shares

The Johannesburg Stock Exchange on Thursday suspended trading in the shares of Nigeria’s oil company, Oando Plc.

Why we suspended trading of Oando shares – NSE

The Nigerian Stock Exchange, NSE, on Wednesday clarified the suspension of trading in the shares of Oando plc for two days.

SEC suspends sales of Oando shares

The Securities and Exchange Commission on Wednesday instructed the Nigerian Stock Exchange to implement a full suspension in the trading of the shares of Oando Plc.

Capital market shareholders task SEC, NSE on penalties to boost new listing

Capital market shareholders on Saturday called on the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to review the penalties imposed on quoted companies to attract new listing.

Fidelity Bank to launch $500m Eurobond

Fidelity Bank Plc recently announced plans to launch up to $500 million Senior Unsecured Medium Notes (Eurobond) as well as a tender offer to purchase the banks’ outstanding $300 million 6.875 per cent Notes due May 9, 2018.

NSE, Thomas Reuters hosts market data workshop

The Nigerian Stock Exchange, NSE, in partnership with Thomson Reuters and other capital market participants, is set to host the second edition of the NSE Market Data Workshop.

Oando: Reps give SEC two weeks to complete enquiry

The House of Representatives Committee on Capital Market and Institutions on Tuesday held a closed door meeting with the Director-General of Securities and Exchange Commission (SEC), Mounir Gwarzo, regarding the SEC’s lingering enquiry on Oando, following petitions brought by Ansbury Inc. and Mangal.

Sukuk bond aims at Islamising Nigeria – Ex-CAN chief

Immediate past chairman, Benue State Christian Association of Nigeria (CAN), Most Rev Yimam Orkwar, has called on federal government to cancel the purported Sukkuk bond it floated.

Capital market: SEC bans Ogiemwonyi for life over alleged unprofessional conduct

SEC has also withdrawn the operating licences of Partnership Investment Company Plc and Partnership Securities Limited. The Chairman of the companies, Mr. Henry Omoragbon, was also suspended for a period of five years from engaging in capital market activities in Nigeria.

Union Banks opens subscription of N50bn rights issue

Union Bank has announced that the subscription period for its N50 billion Rights Issue will commence on Wednesday, September 20 and close on Monday, October 30, 2017.

Protesters at Oando AGM were not shareholders – ISAN boss

National Coordinator of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunday Nwosu, said, on Tuesday, that the protest which occurred outside the venue of Oando’s Annual General Meeting held in Ibom Hall, Uyo, Akwa Ibom State, on Monday, was carried out by non-shareholders.

Fayemi will not appear before Ekiti panel of inquiry – Lawyer

A former governor of Ekiti State, Dr Kayode Fayemi, has said he will not appear before the Judicial Commission of Inquiry investigating his administration’s management of the state’s finances during his administration.

US probes Chinese coy for alleged bribe payments to Nigerian officials

United States’ authorities are investigating China Petroleum & Chemical Corporation over allegations that the state-controlled oil producer paid Nigerian officials about $100m worth of bribes to resolve a business dispute, according to people familiar with the probe.

Ekiti panel summons Fayemi, others ahead of Monday’s opening session

The Judicial Commission of Inquiry set up by the Ekiti State government to investigate allegations of fraud against a former governor, Kayode Fayemi, has slated the commencement of its proceedings for Monday, next week.

facebook

Recent Posts

Chelsea’s playing schedule is impossible – Antonio Conte

Chelsea head coach Antonio Conte says his players are operating at "70% less this season" because of their heavy playing schedule.

Everton owners’ faith in him has not changed – Ronald Koeman

Everton boss Ronald Koeman insists the club's owners' faith in him is unwavering, despite a poor start to the season.

Uganda police hold opposition leader Kizza Besigye over attempted murder

Ugandan police have detained the country's most prominent opposition leader over allegations of attempted murder.

Web giants vow to remove online extremist content within hours

Tech companies including Google, Facebook and Twitter will work with G7 countries to block the spread of extremist content online.

Boko Haram kills three Nigerian soldiers in Borno ambush

At least three soldiers were killed when Boko Haram fighters ambushed a military convoy in northeast Nigeria, security and civilian sources told AFP on Thursday.

Most Popular

Police kill one protester in Kenya opposition stronghold

A young protester was shot dead in western Kenya on Monday as hundreds of opposition supporters again took to the streets demanding reforms ahead of a presidential election, witnesses told AFP.

Fifty-year-old rapes three-year-old to death in Katsina

A 50-year-old man and father of seven, Abdullahi Sani, has been arraigned before a Katsina State Senior Magistrates’ Court for allegedly raping a three-year-old daughter of his neighbour to death.

N500 million suit: Lai Mohammed, Olisa Metuh fail to reach settlement

The N500 million libel suit filed by Lai Mohammed, the Minister of Information and Culture, against Olisa Metuh, a former Peoples Democratic Party, PDP, spokesperson, is set to proceed to trial at the Ikeja High Court.

Kogi govt debunks alleged monkey pox vaccination rumour

The Kogi State Government has debunked the rumour making the rounds that some unidentified men are infecting children with Monkey pox virus in the name of vaccination.

North Korea readies missile launch ahead of United States-South Korea drill

North Korea is believed to be preparing to launch a ballistic missile ahead of an upcoming joint naval drill by the US and South Korea, a news report said Saturday, citing a government source.