Tag Archives: SEC

SEC, NSE Meeting With Stakeholders To Validate West Africa Securities Regulatory Agency, Others

Photo Caption: From Left–Director General, West African Monetary Institute Ghana, Dr Ngozi Egbuna, Commissioner, Industry and Private Sector Promotion ECOWAS Commission Mr Mamado Traore, Acting Director General, Securities and Exchange Commission Ms Mary Uduk and Chief Executive Officer, Nigerian Stock Exchange Mr Oscar Onyema during the Experts Meeting to Validate West Africa Securities Regulatory Agency and West Africa Capital Market …

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Workers’ Union Shuts Down SEC Headquarters Over Gwarzo’s Planned Resumption

The management, staff and stakeholders of the Securities & Exchange Commission (SEC) were prevented from accessing its Abuja headquarters on Monday morning, as members of its branch of the Association of Senior Civil Servants of Nigeria (ASCSN), locked offices, in protest over last Friday’s ruling of the National Industrial Court (NIC) discharging suspended Director-General, Mounir Gwarzo of a five-count charge.

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SEC, EFCC Collaborate To Sanitise Economy

Photo Caption: From Left---Acting Director General, Securities and Exchange Commission  Ms Mary Uduk with  Acting Chairman, EFCC, Mr Ibrahim  Magu during a Meeting between EFCC and SEC  in Abuja, weekend

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Oando Calls On SEC For Engagement

Oando Plc logo

The long awaited results from the forensic audit into Oando PLC, was finally released on Friday, May 31, 2019 on the website of the Securities and Exchange Commission (SEC) indicating weighty infractions with attendant sanctions leveled against the Company.

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MTN Nigeria Listing: Matters Arising

MTN Nigeria finally listed 20.4 billion shares on the Nigerian Stock Exchange (NSE) (after being compelled to do so by the Nigerian government as part of a regulatory settlement) at a price of N90.00 ($0.25) on May 16, 2019.  The listing was part of the punitive measures taken by Nigeria's telecom regulator in the second half of 2015 due to the refusal of MTN Nigeria to fully comply with its directive to deactivate unregistered sim cards.  

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