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The federal government Monday declared that unfolding events of the past few months, the coronavirus pandemic and the oil price war have further reinforced its resolve to diversify the national economy.
The Securities and Exchange Commission (SEC) says it generated N194.48 million from penalties in 2019.
Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
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.
Stakeholders in the capital market on Thursday stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
The Acting Director-General of the Securities and Exchange Commission, Ms Mary Uduk, has said that Nigeria’s economy is big enough to accommodate a bigger and more attractive capital market.
Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has said that the introduction of electronic offering in the Nigerian capital market remains a major achievement that will help solve the problems of unclaimed dividends.
The Securities and Exchange Commission, SEC, has said that regulation of the market in a technology-driven era is now more efficient and that is why it is stepping up its use in regulation to ensure that investors in the capital market are adequately protected.
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.
Private and public sectors experts have advised governments at all levels to use the capital market to bridge funding gap and develop much-needed infrastructure.
The Securities and Exchange Commission (SEC) says the commission is committed toward ensuring that the commodities trading ecosystem in the country becomes vibrant to contribute to economic development.
The Federal Government is considering the option of national savings scheme in order to deepen the pool of investible funds and strengthen the Nigerian capital market for a more pivotal role in national growth and development.
Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.
The Securities and Exchange Commission (SEC) has urged prospective investors in the capital market to seek knowledge before investing in the sector.
The Vice President, Prof. Yemi Osinbajo, yesterday, said that a vibrant commodities trading ecosystem will help diversify the economy away from dependence on crude oil and enhance foreign exchange earnings, forex.
The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends.
The Securities and Exchange Commission (SEC) on Monday asked shareholders of the defunct Afribank Plc to claim their dividends.
United Nations Peace Ambassador, Arc. Miebi Bribena, has hailed proactive measures so far taken by the Bayelsa State government at preventing the spread of Coronavirus.
Over 20 million Nigerians on Monday scrambled to prepare for lockdown in sub-Saharan Africa's biggest city Lagos and the capital Abuja, as the continent struggled to curb the spread of coronavirus.
The State Governor, Prince Dapo Abiodun, disclosed this on Monday, in his address to the people of the state shortly after inspecting 128-bed isolation centres located within the premises of HID Awolowo Model School, Ikenne Remo.
A civil society organization, the Civil Society Legislative Advocacy Centre, CISLAC, in conjunction with Transparency International, TI, Monday called for accountability in the use of COVID-19 intervention fund in the country.
Nigeria winger Samuel Kalu has been granted permission by his French club Girondis Bordeaux to reunite with his family amid the Covid-19 crisis.
Barcelona have made a bid for Manchester United target Lautaro Martinez, according to The Daily Star.
Cristiano Ronaldo has passed the time during lockdown by reportedly splashing out £8.5 million on a limited edition Bugatti – one of only 10 in the world.
South Africa came under a nationwide lockdown on March 27, 2020, joining other African countries imposing strict curfews and shutdowns in an attempt to halt the spread of the COVID-19 coronavirus across the continent.
The Federal Government has expressed appreciation to the United Nations System in Nigeria for mobilising two million dollars to help the government contain the spread of Coronavirus (COVID-19).
The leader of One Love Family, Satguru Maharaj Ji, has said his ashram in Ibadan is a safe place for those who wish to self-isolate themselves, the cult figure stating that there is enough space for as many as 1,500 people.