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Securities and Exchange Commission

The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS-Arnd Wiegmann

Ex-Apple lawyer accused of $600,000 insider trading gains

A lawyer who oversaw Apple's insider trading safeguards is facing charges of using confidential information to earn $600,000 (£466,000).

Stockbrokers reiterate call for reconstitution of SEC board

The stockbroking community has reiterated the need to re-constitute the board of the Securities and Exchange Commission (SEC) and accord the commission a status of independence like the Central Bank of Nigeria (CBN), in line with global best practices.

Suspended SEC chief to make no-case submission in alleged N115 million fraud trial

The suspended Director-General of the Securities and Exchange Commission, Dr. Mounir Gwarzo; and the Executive Commissioner, Zakwanu Garba, on Thursday informed an FCT High Court Maitama that they would make a no-case submission in the charge filed against them.

SEC shuts down Ponzi scheme in Kano

The Securities and Exchange Commission (SEC) has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal capital market activities,

Counsel’s absence stalls suspended SEC cheif’s case

The absence of counsel to suspended Director-General of Securities and Exchange Commission, Mounir Gwarzo, on Thursday, stalled the matter before the National Industrial Court, Abuja.

Merger: Access Bank announces shareholders meeting

Pursuant to its planned acquisition of Diamond bank PLC, Access Bank Friday announced the schedule for the court-ordered shareholders meeting for March 5, 2019.

Governor Akeredolu: Ondo government pledges to encourage investment

The Ondo State Government has pledged to provide the enabling environment required to encourage investment with a view to developing the nation’s capital market.
Mary Uduk

SEC restates commitment to attract investors, boost economy

The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country.
Arunma Oteh

Ecobank names Arunma Oteh as a non-executive director

Ecobank Group has appointed Arunma Oteh, former treasurer of the World Bank, to its board of directors as a non-executive director.

CBN, SEC grant approval in principle to Access, Diamond Banks’ merger

Access Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria and the Securities and Exchange Commission on their proposed merger plans.

Shareholders task SEC on minority investors’ protection

Shareholders have urged the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to introduce policies that would enhance minority shareholders’ protection in 2019.
Nancy Pelosi

US House of Reps Democrats test Republicans on Donald Trump’s wall

As a partial U.S. government shutdown neared the three-week mark, Democrats on Wednesday were set to test Republicans’ resolve in backing President Donald Trump’s drive to build a wall on the border with Mexico.

SEC approves merger of Northern Nigeria Cement with Kalambaina

The Cement Company of Northern Nigeria Plc says it received a formal approval by the Securities and Exchange Commission (SEC) to proceed for its planned merger with Kalambaina Cement Company Limited of Nigeria.
Mary Uduk

SEC: Technology vital to capital market development

The need for urgent embrace of technology to take the nation’s capital market to the next level has been reinforced by the Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, who said the government will invest approximately to make Nigeria more globally competitive.
Mary Uduk

Technology, key to reducing cost at capital market – SEC chief

Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, has said that technology, when properly leveraged, will reduce the cost of doing business at the capital market.
Mary Uduk

SEC: Why NSE is under performing

The Securities and Exchange Commission (SEC) has given reasons why the nation’s bourse is still underperforming.
Mary Uduk

SEC advises on collective investments, mutual funds

The Securities and Exchange Commission (SEC) has advised retail investors in the capital market to invest in Collective Investment Schemes and Mutual Funds to help reduce risk.
Zainab Ahmed

Zainab Ahmed: Yachts, private jet owners to pay luxury tax from 2019

Nigeria’s Minister of Finance, Zainab Ahmed, has said that owners of yachts and private jets in the country will begin payment of luxury items from 2019.

Recent Stories

Governor Ortom: APC has merely postponed evil day not elections

Benue State governor, Samuel Ortom, has expressed disappointment over the sudden postponement of the general elections by the Independent National Electoral Commission (INEC).

Election postponement: Business activities decline in Ibadan

Many shops, markets, including PalmsMall (Shoprite) in Ibadan stayed locked while roads were deserted on Saturday in spite of the postponement of the elections.

TUC rues elections’ postponement, tasks INEC on future elections

The Trade Union Congress of Nigeria has described the postponement of the general elections as pathetic and worrisome.

Election postponement: Kano residents remain indoors

Most residents of Kano city remained indoors on Saturday morning in spite of the postponement of the general elections by the Independent National Electoral Commission.
Zubairu Halilu

Elections postponement: Lagos CP Muazu orders sustained patrols to maintain law, order

The Lagos State Commissioner of Police, Zubairu Muazu, has ordered sustained patrols and surveillance across the state to maintain law and order.