Over N2.7trn capital has been raised in the capital market by banks and other companies, the Securities and Exchange Commission has revealed.
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Kayode Falowo, Chairman of Greenwich Merchant Bank Limited, has been bestowed with the Sir Henry Fajemirokun Prize for Outstanding Leadership in recognition for actively promoting Nigerian-British bilateral trade.
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A total sum of N77.5 million in prize money was won at the end of a keenly contested hackathon session at the Fourth Edition of the Zenith Tech Fair, themed "Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI ", which held on Thursday, November 21, 2024, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos.
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The Director General, Securities and Exchange Commission, SEC, Dr Emomotimi Agama has disclosed that so far about N1.682 trillion has been raised by banks through e-offering in the bank recapitalization exercise.
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In a bid to ensure that illegal fund managers are not allowed to fleece unsuspecting Nigerians of their hard earned funds, the Securities and Exchange Commission is introducing an express prohibition of Ponzi/Pyramid Schemes and other illegal investment schemes.
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The Securities and Exchange Commission (SEC) has emphasized that a strong, inclusive, and innovative market is not just a target but also a necessity for the future of Nigeria, stressing that the strength of the capital market will shape the nation’s ability to face global challenges and embrace new opportunities.
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The Securities and Exchbage Commission has announce that the Commission would be holding an Investor Clinic in Ibadan from November 7-8 2024.
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The Securities and Exchange Commission has announced the postponement of the Third Quarter Capital Market Committee (CMC) Meeting earlier scheduled to hold on November 14, 2024.
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MTN Nigeria Plc net losses grew by more than 3335% year on year to N514.928 billion, details from the telecommunication company’s unaudited financial statement revealed, from N14.984 billion in the comparable period in 2023.
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In its avowed commitment to fostering a robust and comprehensive capital market education for Nigerian universities, the Securities and Exchange Commission has taken steps to better align the curriculum to include Cyber Security, Artificial Intelligence and advanced crypto among others in line with current market trends.
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