Tag Archives: SEC

SEC Holds Third CMC Meeting 2018

SEC

The Securities and Exchange Commission (SEC) has announced that the Third Capital Market Committee (CMC) meeting in 2018 has been scheduled to hold from Wednesday November 14th to Thursday November 15th 2018 at the Federal Palace Hotel, Victoria Island, Lagos. While the key stakeholders in the capital market will meet on November 14th, members of the media would be briefed …

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Diamond Bank Drives Retail Growth in Q3 2018

Diamond Bank plc Q3 unaudited financial report for the period ended September 30, 2018 showed a strong focus on the Nigerian market, especially the retail sector through its technology led retail strategy to drive growth and position SMEs for competitiveness. The report submitted to the management of The Nigerian Stock further  showed that the Bank’s retail strategy is quite rewarding …

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Vibrant Commodities Exchange Will Aid Economic Development – SEC

The Securities and Exchange Commission, SEC has said that a more organized Commodities Exchange Market in the country would enhance  efficiency and lead to economic growth and development. The Ag. Director General of the SEC Ms. Mary Uduk started this when she received members of the Commodities Trading Ecosystem Implementation Committee in her office in Abuja, weekend. Uduk said the …

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Fleeing Investors Will Return To Nigeria After 2019 Election, Says SEC Acting DG

SEC

Mary Uduk, acting director general of the Securities and Exchange Commission (SEC), says the recent outflows experienced in the Nigerian capital market will be remedied when the 2019 general election is concluded. In a session with journalists at the just concluded 2018 annual meetings of the World Bank Group and International Monetary Fund, Uduk who was appointed by Kemi Adeosun, …

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NSE Suspends Trading In Shares Of Six Nigerian Companies

Nigerian-Stock-Exchange

The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of six listed companies. The companies were suspended after they failed to file details of their accounts to the Exchange as stipulated by market regulations. The six companies are DN Tyre & Rubber Plc, FTN Cocoa Processors Plc, International Energy Insurance Plc, Thomas Wyatt Nigeria Plc, Union Dicon …

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SEC’s Meeting With Association Of Issuing House Of Nigeria

Photo Caption: From Left; President, Association of Issuing House of Nigeria, Mr Sonnie Ayere, Acting Director General,  Securities and Exchange Commission, Ms Mary Uduk, 1st Vice President, AIHN  Mr Chuka Eseka and Director of Finance AIHN Mrs Oyinda Akinyemi during a Meeting between SEC and AIHN in Abuja, weekend

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SEC’s Meeting With Mercer Financial Services Middle East Limited In Abuja

Photo Caption: From Left; Head of Wealth, Mercer Financial Services Middle East Limited Mr John Benfield, Director, Wealth Management Advisory, Mercer, Ms Sylvia Solomon, Acting Director General, Securities and Exchange Commission, Ms. Mary Uduk, Managing Director, Hudson Consulting, Mr Tom Iseghoghi and Director, Hudson Consulting Mr Zakari Muhammad during a Meeting between SEC and Mercer Financial Services Middle East Limited …

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Regularisation Of Accounts Will Increase Liquidity In The Market – Uduk

SEC

The Nigerian Capital Market Committee (CMC) held its second quarterly meeting for the year 2018 on Thursday, August 9, 2018. The meeting is a periodic gathering of stakeholders in the Nigerian capital market to discuss capital market related matters. Ag. Director General, Ms Mary Uduk spoke with journalists on the outcome of the meeting. The CMC recently held in Lagos. …

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Chartered Institute Of Arbitrators Seeks Collaboration With SEC

Photo Caption: From Left; Ag. Executive Commissioner Operations, Securities and Exchange Commission, SEC, Mr. Isyaku Tilde, Chairman Conference Planning Committee Chartered Institute of Arbitrators, (CIArb Nigeria), Mr. Sola Ephraim Oluwanuga, Ag. Director General SEC, Ms. Mary Uduk, Ag. Executive Commissioner Corporate Services Mr. Henry Rowlands and Member CIArb Nigeria, Mrs Roseline Nwosu during a meeting between SEC and  CIArb Nigeria in Abuja

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CMC Extends Multiple Subscription Deadline To December 31, 2018

SEC

Ag. Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk has enjoined investors in the capital market that bought shares with different names to regularise their accounts in order to get the benefit of their investments. This is even as the Capital Market Committee (CMC) has extended the forbearance period to December 31, 2018to enable investors regularise …

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