SEC

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 Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts and usage of personal data in the Nigerian capital market.

Mr Dogo Shammah, Nasarawa State Commissioner of Information, Culture and Tourism says all members of the state executive will go on self-isolation, from Friday, to avoid COVID-19 infection.

The Kogi State Government has approved a bill for the establishment of Confluence University of Science and Technology, Osara, in the state.

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion. The announcement comes after a week of speculation which culminated in Bloomberg reporting earlier today that the deal was done, though neither company has responded to the claims until now.

A former senator representing Rivers South-East Senatorial District in the National Assembly, Senator Magnus Abe, has described the alleged suspension of the Chairman of the Caretaker Committee of the All Progressives Congress (APC) in Rivers State, Igochukwu Aguma, by a section of the statutory members of the party’s State Executive Committee (SEC), as inconsequential and a clear breach of a valid court judgement.

The Plateau State Governor, Mr. Simon Lalong, has directed members of the State Executive Council to undergo tests for COVID-19 pandemic disease and isolate them beginning from yesterday, July 1, 2020.

The Federal High Court sitting in Abuja, on Tuesday, granted leave to Centre for Social Justice to file a suit against the Vice-Chancellor of the University of Abuja and the Director-General of Security and Exchange Commission, following their alleged refusal to release financial details that were requested under the Freedom of Information Act, FOI.

The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts, but stopped short of disallowing such action.

Management of the Securities and Exchange Commission, SEC, on Sunday denied that it’s Acting Director General, Ms. Mary Uduk, has resigned from the Commission.

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.

Barring any last minute hitches, a substantive Director General will soon assume duty at the Securities and Exchange Commission (SEC), ending Ms Mary Uduk’s more than two years tenure in acting capacity.

The embattled Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, has resigned from office.

The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr. Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).

The Securities and Exchange Commission, SEC, has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses.

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).

With Nigeria and the rest of the world still coming to grips with the COVID-19 pandemic which has hobbled global economies, the Akwa Ibom State Government is already looking ahead to repositioning its economy for a post COVID-19 world.