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Nigerian Capital Market

Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC reaffirms readiness to sensitise investors on e-dividend

The Securities and Exchange Commission, SEC, said that it will continue to collaborate with relevant stakeholders to sensitise investors on the need to regularise their multiple accounts as well as claim their dividends.

Federal government charges new SEC board to sanitize capital market

The Federal Government on Monday inaugurated the reconstituted Board of the Securities and Exchange Commission (SEC), changing the new members to provide effective leadership in the capital market.

Oando: SEC debunks allegations of lack of due process in investigation

The Securities and Exchange Commission, SEC, has debunked all allegations insinuating lack of due and statutory processes in the investigation of Oando Plc.

Oando management set to challenge SEC over board dissolution

Fireworks on the controversy over corporate governance issues in Oando Plc may begin today as the management of the company is set to contest the veracity of the sack of its directors by the Securities and Exchange Commission, SEC, last weekend.

IIADRI tasks banks on N500,000 withdrawal limit by local councils

A Non Governmental Organisation (NGO) has called on commercial banks to ensure compliance with the Nigeria Financial Intelligence Unit (NFIU) directive to local government councils on cash withdrawal limit.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC warns market operators against unethical conduct

Nigerian capital market regulatory body, the Securities and Exchange Commission (SEC) has warned operators in the capital market to desist from unethical practices that can lead to strict regulatory actions.

SEC approves Access Bank’s book build for proposed green bond subscription

Securities and Exchange Commission (SEC), the institution in charge of regulating the Nigerian Capital Market has approved the book build in respect of the proposed Green Bond, issued by Access Bank Plc.
Mary Uduk

SEC: Technology vital to capital market development

The need for urgent embrace of technology to take the nation’s capital market to the next level has been reinforced by the Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, who said the government will invest approximately to make Nigeria more globally competitive.
Mary Uduk

SEC: E-dividend registration will boost liquidity

The Securities and Exchange Commission, SEC, has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy.
Nigeria Stock Exchange

Stockbrokers decry low domestic patronage on NSE

The Chartered Institute of Stockbrokers on Friday decried the low level of domestic investors’ patronage in the capital market and urged government at all levels to prioritise capital market development.
Mary Uduk

Capital market committee approves plan to introduce e-IPO

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.
Skye Bank

House of Reps to probe Skye Bank takeover

House of Representatives Sub-Committee on Capital Market and Institutions will probe the recent takeover of Skye Bank Plc by Polaris Bank.

Capital market operators caution federal government on infrastructure financing

Stakeholders in the Nigerian capital market have urged the federal government to concentrate more on policies that would improve living standards of the people.

Institute reiterates commitment to rescuing economy

Following the political storms stunting Nigeria’s economic growth and development, the President and Chairman of Chartered Institute of Stockbrokers (CIS), Adedapo Adekoje, has affirmed the Institute’s commitment to rescue the country.
Nigeria Stock Exchange

Oscar Onyema: UK remains great ally for Nigeria’s capital market development

The chief executive officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has averred that the United Kingdom remains a key partner to Nigeria, particularly for its capital market development.
National Assembly

Legislators lament inability of banks to provide long-term loans

The Joint Senate and House of Representatives committee on capital market have expressed worry over the failure of commercial banks to provide long – term financing instruments for projects in the country.

SEC: MTN Nigeria yet to file application for initial offer

MTN Nigeria is yet to formally submit any application in respect of its planned initial public offer (IPO), the Securities and Exchange Commission (SEC) said on Sunday.

FRC: 2018 corporate governance code will attract foreign investments

The Financial Reporting Council of Nigeria (FRC) has expressed the hope that the Nigerian Code of Corporate Governance 2018 will promote ease of doing business; attract local and foreign investments into the country.

Recent Stories

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.