Tag Archives: SEC

Photo Caption: From Left; Dr. Ore Sofekun, Managing Director, Vencap Limited; Mrs. Tope Omojokun, Managing Director, Investment-one Funds Management Limited; Mr. Bola Adeeko, Head, Shared Services, The Nigerian Stock Exchange (NSE); Mrs. Adejoke Chukwuma, Chairperson, Investment-one Funds Management Limited; Mr. Tony Ibeziako, Ag. Head, Listings Business Division, NSE; Mr. Azubuike Okonkwo – Director, Investment-one Funds Management Limited and Mrs. Gbemi …

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…As Dangote Cement,Access, UBA, Zenith Bank Others Retains Rating The Steering Board of the Corporate Governance Rating System (CGRS) has announced the names of 25 companies that have successfully passed its rating test, having scored the required pass mark of 70% whilst 87 others are at various stages of completion of the process. These 25 successful companies join 8 companies …

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The Nigerian Stock Exchange (NSE) has announced the promotion of Ms Tinuade Awe to Executive Director, Regulation with effect from 1 January, 2018. Awe’s elevation which was made know on Monday to the investing public, has since received regulatory approval. As Executive Director, Regulation in the NSE’s revised organizational structure, Ms Awe has oversight functions for the following teams: Broker …

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The Securities and Exchange Commission (SEC) has announced that the e-dividend registration exeecise would continue seamlessly in spite of the expiration of the December 31st 2017 Free registration deadline. It would be recalled that the e-dividend Free Registration expired on December 31, 2017. Acting Director General of SEC, Dr. Abdul Zubair, who made the announcement at a press briefing Tuesday, …

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Securities and Exchange Commission (SEC) has pledged to work with Finance Correspondents to ensure proper reporting of the capital market in order to enlighten and educate the investing public. Acting Director General of SEC, Dr. Abdul Zubair stated this when Executive of Finance Correspondents Association of Nigeria (FICAN) Abuja Chapter visited him recently. Zubair commended the journalists for their assistance …

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The Securities and Exchange Commission (SEC) has expressed readiness to partner with relevant bodies in its quest to ensure zero tolerance on infractions in Nigeria’s capital market and to ensure that perpetrators of fraudulent acts are brought to book. Acting Director General of SEC, Dr. Abdul Zubair stated this when the chairman and members of Investments and Securities Tribunal, IST, …

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Monetary and regulatory authorities in Nigeria have been enjoined to roll out policies that would bring down the inflation rate in the country as well as increase access to domestic funds in order to ensure that the economy attains further growth in 2018, adding that Nigeria is still an investor’s destination. The call was made by Senior Financial Sector Expert, …

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The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100 million dollars earmarked for the wholesale market, 55 million dollars for small businesses and individuals, and 55 million dollars for certain dollar …

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Trading on the floor of the Financial Markets Dealers Quotations, FMDQ, securities exchange, in November saw turnover recording an increase of 21.92 percent to close the month at ₦14.85 trillion. Activities rise in the securities exchange for the month under consideration amounts to ₦2.67 trillion increase from the value recorded in October 2017. A further x-ray of trading in the month …

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Oando Plc has headed for the Court of Appeal in its bid to lift the technical suspension imposed on its shares on the floor of the Nigerian stock market by the Securities and Exchange Commission. The oil company had earlier approached the Federal High Court in Lagos to challenge SEC’s suspension of its shares and an audit of its business …

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