Oando Plc has entered into a settlement with the Securities and Exchange Commission in the overriding interest of the shareholders of the Company and the capital market.
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United Capital Plc, Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, has announced its Unaudited Financial Statements for the period ended June 30, 2021, on July 15th, 2021, showing a Revenue of N6.85 Billion and Profit Before Tax of N3.74 Billion while delivering an Earnings Per Share of 105 kobo.
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Nigerian capital market has been described as a key catalyst for the development of the critical sectors of the economy as it poses a credible platform of obtaining medium to long term finance.
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In its avowed commitment to deepen the commodities trading ecosystem and attract more foreign exchange to the country, Securities and Exchange Commission is set to hold a webinar in conjunction with the Federal Ministry of Mines andSteel Development.
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The Securities and Exchange Commission (SEC) has proposed N10 million registration fee for issuing houses, underwriters and fund managers from the current fee of N500,000.
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The Securities and Exchange Commission has issued an Interoperability/Financial Markets Infrastructure Link Framework among Central Securities Depositories to enhance the efficiency of trading and settlement functions as well as align the market with international best practices.
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The Securities and Exchange Commission has said that the Non Interest Capital Market has so much potential in Nigeria as it has the prospect of attracting a large pool of untapped investor base who have apathy to conventional instruments, to participate in capital market as well as the existing investors who seek to diversify their portfolio.
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The Securities and Exchange Commission has stated that it recognizes the importance of digital platforms for democratizing access to capital market products and services for greater financial inclusion in the capital market.
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The Securities and Exchange Commission has dispelled insinuations in some sections of the media that MBA Capital and Trading Ltd is a registered capital market operator with the Commission.
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Executive Commissioner Legal and Enforcement Securities
and Exchange Commission Mr Reginald Karawusa, Executive Commissioner Corporate Services, SEC Mr Ibrahim Boyi, Director General SEC Mr Lamido Yuguda, Deputy Chairman House of Reps Committee on Capital Market Hon Makwe Livinus Makwe and Executive Commissioner Operations SEC Mr Dayo Obisan during a Meeting between the SEC and Deputy Chairman House of Reps Committee on Capital Market in Abuja at the weekend
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