SEC

Securities and Exchange Commission (SEC) says Nigeria’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap

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.

The Enugu State House of Assembly, on Tuesday, screened and confirmed the two commissioner-nominees sent to it by Governor Ifeanyi Ugwuanyi.

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 Securities and Exchange Commission (SEC) on Monday officially launched the Green Bonds Issuance Rules to support the development of a Non-Sovereign Green Bond market in Nigeria.

The National Industrial Court, Abuja, on Thursday adjourned until January 30, 2019, hearing of counter-claim and other pending applications filed by the Securities and Exchange Commission and two other defendants.

Following sell pressure in the Nigerian stock market arising from growing political tension and security challenges in the country, foreign investors pulled out about N43. 78 billion from the local bourse last September.

The Vice President, Prof. Yemi Osinbajo, on Monday, says that the Federal Government is working with African Development Bank (AfDB) to establish a 500-million-dollar innovation fund for technological growth.

The Securities and Exchange Commission (SEC) has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy.

President Muhammadu Buhari says his administration is committed to the conduct of free, fair, credible and acceptable elections by the global community in 2019.

A former Head of State, Gen. Abdulsalami Abubakar, has warned that militarisation of the 2019 elections will dent the credibility of the exercise and the Independent National Electoral Commission (INEC) with attendant security consequences.

The Acting Director-General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, has charged investment advisory practitioners in the country to embrace emerging technologies in order to enable them deliver prompt and efficient investment advice to their clients at all times.

The Securities and Exchange Commission (SEC) yesterday extended the deadline for shareholders with multiple accounts till December 31, 2019 from the December 31, 2018.

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.

The Securities and Exchange Commission has extended the forbearance deadline for shareholders with multiple accounts to December 31, 2019 from December 31, 2018 for more investors to embrace the initiative aimed at reducing unclaimed dividends.

The Nigerian Stock Exchange (NSE) on Friday lifted the trading suspension placed on the shares of Unity Bank Plc barely one day after the bank was suspended along with five other listed firms for not filling their accounts in accordance with the post-listing requirements of the exchange.

Speaking on the company’s financials, Adewale Tinubu said; “Today’s positive result is further evidence of the progress made by Oando in 2018 driven by our continued focus on execution and operational efficiency, supported by buoyant commodity prices.”

Oando Plc has posted an impressive results for the nine months period ended September 2018, with a profit of N10.4 billion, representing a 46 per cent increase, compared with N7.1 billion it recorded in same period of 2017.