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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.
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.
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.
The All Progressives Congress (APC) has called on the National Broadcasting Commission (NBC) to call the management of the State Radio and Television to order, over alleged provocative broadcasts against its members.
A corporal of the Nigerian Army attached to Operation Lafiya Dole has opened fire on his colleagues, killing four personnel and injuring two others.
Tottenham midfielder Dele Alli has been charged by the Football Association after posting a video on social media mocking the coronavirus outbreak.
Celestine Babayaro has shared his thoughts on the appointment of Joseph Yobo as Nigeria’s senior national team assistant coach.
President of the Senate, Ahmad Lawan, will lead a delegation of Senators to the funeral service of Late Senator Longjan Ignatius Dantong slated for March 2, 2020, in Plateau State.
The people of Uwheru in Ughelli North, Delta State, have been forbidden from eating or selling cow meat because of repeated attacks by herdsmen against farmers and residents of the kingdom, a national newspaper reported, Monday.
Fernandes swapped Sporting CP for United for an initial fee of £46.5million (€55m) prior to the deadline and the Portugal international has already established himself as a key member of Ole Gunnar Solskjaer's side.
President Muhammadu Buhari has felicitated with top banker and stalwart of the All Progressives Congress, Sir Marc Wabara, as he turns 69 on Feb. 26.
Libyan strongman Khalifa Haftar vowed on Friday to fight Turkish forces if peace talks in Geneva failed, in comments to a Russian news agency.
The Infrastructure Concession Regulatory Commission, ICRC, Friday, said it has engaged private sector operators to deploy electronic ticketing solution for the Nigerian Railway Corporation, NRC, to cut down on the purchase tickets at train stations.