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Securities and Exchange Commission

Shareholders caution Oando against Ansbury reconciliation

Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele Volpi.

Shareholders ask Oando to resolve conflict with Ansbury

Some shareholders of Oando Plc have asked the company to settle its Ansbury Investments Incorporated.

Judge orders Jay-Z to testify in ex-fashion label case

A US judge has ordered hip-hop megastar Jay-Z to testify in an investigation into the sale of his Rocawear apparel brand, after he repeatedly refused to show up for questioning.

ICPC files fraud charges against suspended SEC chief Mounir Gwarzo

The Independent Corrupt Practices Commission (ICPC) has filed fraud charges against the suspended director-general of the Securities and Exchange Service Commission, Mounir Gwarzo.

NSE: Oando leads seven other coys with 52.75 percent growth in April

Oando Plc and seven other companies outperformed stocks on the Nigerian Stock Exchange (NSE) in April to emerge as top performing equities in percentage terms.

House of Representatives commence probe of capital market operations

The House of Representatives sub-committee on Capital Market, Regulation and Compliance has started a probe in the capital market operations.

Telegram cancels its much-hyped initial coin offering

Secure messaging service Telegram is canceling its initial coin offering (ICO), an anonymous source told The Wall Street Journal today, and it won’t be opening up its digital coins for public sale.

Oando performance on upward trajectory as company declares profit of N19.8 billion

Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results. Five quarters in a row, Oando PLC has sustained its trend of posting positive results.

SEC confirms MTN’s proposed $500 million initial public offering

The Securities and Exchange Commission (SEC) on Wednesday, confirmed that MTN Group had finally commenced discussions with it on the proposed $500 million dollars Initial Public Offering (IPO) ahead of its listing on the Nigerian Stock Exchange (NSE).

SEC moves to halt growing de-listing of quoted companies

Uduk, who said that some companies had complained of tax issues, however gave the assurance that the commission would engage the government to address the issue, in addition to expecting the CMC to come up with recommendations on this.

SEC partners IFC, AfDB to boost Sukuk bond investment

The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AFDB) for development of Sukuk bond investment.

House of Reps: Minister Kemi Adeosun right to suspend SEC chief Mounir Gwarzo

The house of representatives says Kemi Adeosun, minister of finance, was right to suspend Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC).

Johannesburg Exchange lifts ban on trading in Oando shares

The Johannesburg Stock Exchange, JSE, has lifted suspension on trading in the shares of Nigerian oil major, Oando Plc.

Alleged N3.2 billion fraud: EFCC’s presents 16th witness against Orji Kalu

The Economic and Financial Crimes Commission (EFCC) on Monday called its 16th witness before a Federal High Court in Lagos in the ongoing trial of a former Governor of Abia, Orji Kalu, standing trial on charges of N3.2 billion fraud.

Oando shareholders demand Minister Kemi Adeosun’s sack

Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market.

Minister explains reinstatement of trading on Oando shares

While the shareholder groups have accused Adeosun of “unwholesome interference” in the nation’s capital market and meddling in the operations of SEC, and demanded her immediate sack, the minister has denied the allegations, saying the shareholder groups were speaking out of ignorance.

SEC considers 10-year capital market plan at expanded CMC meeting

The Securities and Exchange Commission (SEC) has said that it will hold deeper discussions on the implementation of the 10-year capital market master plan as well as other initiatives for Nigeria’s capital market with stakeholders at its forthcoming Capital Market Committee (CMC Capital Market Committee (CMC).

SEC: Kemi Adeosun reassigns portfolios, names acting chief

The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC).

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