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Capital Market Operators
The Securities and Exchange Commission, SEC, has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA, in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital market.
The cleaning up exercise of the records of registered market operators, embarked upon by the Security and Exchange Commission, SEC, under the present leadership of its acting Director-General, Ms Mary Uduk, has led to the cancellation of registration of eighty four (84) inactive operators as well as giving 94 others a pre-notice of cancellation of their registration.
Capital market operators should be bracing up for recapitalisation programme as indications emerged that the Securities and Exchange Commission (SEC) may introduce new minimum capital requirements.
The Securities and Exchange Commission, SEC, said the various initiatives being implemented in the 10-year capital market master plan have made the capital markets more attractive to investors.
Capital market operators on Tuesday urged the new Federal Inland Revenue Service (FIRS) chairman to ensure the removal of Value Added Tax on capital market transactions to boost investment in the country.
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.
Acting Director-General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk at the weekend assured that the 10-year developmental master plan of the commission will be reviewed and tailored to totally align with the current economic realities.
The Securities and Exchange Commission (SEC) on Tuesday said the nation’s huge infrastructure gap could be addressed with investments in sustainable finance initiatives such as Green Bonds.
The Nigerian capital market would soon introduce the electronic initial public offer (e-IPO) system in the country, the Securities and Exchange Commission (SEC) announced on Wednesday.
Capital market operators on Tuesday urged the Federal Government to focus more on infrastructure development to boost local employment and consolidate the achievements of the past three years.
The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC).
SEC has also withdrawn the operating licences of Partnership Investment Company Plc and Partnership Securities Limited.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.
Elder statesman and Second Republic politician, Alhaji Tanko Yakasai, has offered fresh insight into the struggle for the independence of Northern Nigeria from British colonialism and the tyranny of indigenous traditional institutions in the region.
The Kaduna State Police Command on Saturday arrested some protesters, who took to the streets of the sate today over what they described as “genocide” in the southern part of the state and the government’s inability to arrest the situation.
No fewer than eight bandits and two villagers were killed when bandits attacked Zamfarawa village in Batsari Local Government Area of Katsina State.
President Muhammadu Buhari on Saturday reminded the military of their sacred duty to protect Nigerians irrespective of ethnic or religious backgrounds.
The Rotary Club of Abuja, District 9125, on Saturday, organised free hepatitis “B and C” screening as well as Liver Scan for residents of Piwoyi, a suburb located on the airport road, Abuja.
Senator Uba Sani representing Kaduna Central has urged leaders and elders in the Southern Kaduna to cooperate with the government and collectively work for peace.
South Africa grocery retailer, Shoprite, has announced that it is considering selling all or parts of its Nigerian operations to yet to be named investors.
The Independent National Electoral Commission (INEC) has said the Nasarawa Central state constituency bye-election in Nasarawa State next Saturday will be used to test-run the conduct of governorship elections in Edo and Ondo states.
The Nigeria Centre for Disease Control (NCDC) has announced 288 new cases of Coronavirus (COVID-19) pandemic in the country, which brought the total number of infections to 44,129.
The Kwara State Government has assured traditional rulers of better welfare to enable them to perform their role as custodian of traditional values and culture in the state.