SEC

The Securities and Exchange Commission (SEC) says it generated N194.48 million from penalties in 2019.

Niger State Government, yesterday dismissed insinuation of outbreak of Lasa Fever in the state, insisting that there was no case of Lassa Fever recorded in the state.

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.

Organised labour in Niger State on Monday, directed workers to embark on an indefinite strike from February 4, over non-implementation of the new national minimum wage and other entitlements.

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 Chairman, Nigerian Labour Congress (NLC), Plateau chapter, Eugene Manji, says the organised labour and the State Government have yet to agree on the new minimum wage and the consequential adjustments for state workers.

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 three major organs of the Trade Union Congress (TUC) will meet between Wednesday and Thursday next week to review the implementation of the new minimum wage in states.

The Niger state chapter of the Organized Labour has handed down a 21 days ultimatum to the state government to pay the 30,000 new minimum wage or face an indefinite strike action.

An economist, Prof. Sheriffdeen Tella, on Friday urged the Central Bank of Nigeria (CBN) to pursue policies geared toward credit expansion for private sector in 2020.

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.

Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.

Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process.

The State Executive Committee of the Peoples Democratic Party (PDP) in Plateau State has suspended the State Secretary of the Party, Hon Emma Tuang, for insubordination.

A chieftain of the Peoples Democratic Party (PDP) in Plateau State, Barrister Caleb Mutfwang, has cautioned those giving the impression of crisis in the Party in the State to desist.

The Nigerian Army said on Monday that due to the recent promotion of some of its senior officers, it became imperative to deploy them to appropriate appointments to the new ranks.