The Securities and Exchange Commission, SEC has denied that it’s Acting Director General, Ms. Mary Uduk has resigned from the Commission.
The Acting Director General of the Securities and Exchange Commission (SEC) in the last two years, Ms Mary Uduk, has made unassailable achievements and total commitment to transparency, innovativeness and standardization of the nation’s capital market in her short but eventful tenure as the regulator of the market.
The Securities and Exchange Commission, SEC, has stated that developing an efficient derivatives trading market is one of the top priorities of the Commission in 2020.
Send Forth Ceremony Of The Outgoing Permanent Secretary, Special Duties, Ministry Of Finance Mr Mohammed
Minister of Finance, Mrs Zainab Ahmed, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Head, Securities and Investments Services SEC, Mr Abdulkadir Abbas during the Send forth Ceremony of the Outgoing Permanent Secretary, Special Duties, Ministry of Finance Mr Mohammed Dikwa in Abuja, weekend
Nigeria can bridge the infrastructural gap and also increase productivity if only it could leverage on alternative sources of infrastructure financing such as the capital market.
Capital market regulators and key stakeholders have been urged to implement sound domestic economic policies and build robust financial institutions that are fully empowered in a bid to achieving West Africa’s economic prosperity.
The Securities and Exchange Commission (SEC), has said that the commission is working on a framework to regulate the use of crowdfunding by small businesses to raise capital.
The Securities and Exchange Commission, SEC has assured investors that the Commission is committed to ensuring that suspicious transactions are not allowed in the capital market. To this end, the Acting Director General of the SEC, Ms. Mary Uduk, urged market operators to make use of the Commission’s whistle blowing policy and report any such infractions for immediate actions.
From Left–President, Fintech Association of Nigeria, Dr Segun Aina, Acting Director General Securities and Exchange Commission, SEC, Ms. Mary Uduk and Executive Director Access Bank and chairman Fintech Roadmap Committee, Mr. Ade Bajomo at the Second Quarter Capital Market Committee Meeting
The Federal Government has stated that it is already tackling the issues regarding stamp duties collection and the extension of the VAT exemption on capital market transactions.