Partnership: SEC bans Ogiemwonyi for life, operating license withdrawn

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria for his unprofessional conduct in the Nigerian capital market. The SEC has also withdrawn the operating license of the companies. The Chairman of the […]

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CAMA amendment will strengthen our enforcement capacity – CAC

The Registrar-General, Corporate Affairs Commission, Bello Mahmud, on Monday said that an amendment of the Companies and Allied Matters Act would strengthen the regulatory and enforcement capacity of the commission. Mahmud, according to a statement by the Head, Public Affairs Unit, CAC, Mr. Godfrey Ike, said this at the 2017 Annual General Conference of the […]

SEC Advises’ Lawyers Against Unnecessary Litigations

The Director General of the Securities and Exchange Commission (SEC) Mounir Gwarzo has urged legal practitioners in the country to refrain from instituting unnecessary litigations at the instance of their clients who are involved in an enforcement action of the commission. Gwarzo disclosed this during a panel session at the ongoing 2017, Annual General Conference […]

Major Highlights from SEC’s Capital Market Committee Meeting Held On August 15, 2017

The Securities and Exchange Commission held its 2nd quarter Capital Market Committee (CMC) Meeting on August 15, 2017 at the Federal Palace Hotel, Victoria Island, Lagos. The event which is a gathering of the entire capital market community was attended by Self-Regulatory Organizations (SROs)/Trade Groups and an array of Dignitaries. Declaring the event open, the Director […]

Market Growth: SEC Urges’ Shareholders To Embrace E-Annual Reports …Set To Introduce Minimum Operating Market Standard

Determined to further grow and deepen the capital market in the domestic economy, the Securities and Exchange Commission (SEC) has urged existing and prospective shareholders in the market to embrace E-Annual reporting system. Director General of the apex regulator in the capital Mr. Mounir Gwarzo made the appeal during the post Capital Market Committee (CMC) […]

Trading on NSE Regains’ Momentum With Market Indicators Rising 0.25% … Again Unilever Nigeria Top Profit Table   

Transaction on the floor of the Nigerian Stock Exchange (NSE) Friday, witnessed a turnaround from the decrease on Thursday as key market indicators regains its momentums with 0.25 increase, bringing the year to date return to 42.14 percent. However, Unilever Nigeria Plc that is currently seeking over N58 Billion from existing shareholders through right issue, […]