Tag Archives: SEC

CBN Reels-Out Guidelines for Granting Liquid Asset Status to Sukuk The Central Bank of Nigeria (CBN) has reeled-out the guidelines for granting liquid asset status to Sukuk Instruments issued by state governments. The apex bank on Friday stated in the document listed on its website that the move was to enhance the diversification of sources of funding for development at …

Read More »

From Left: Oscar N. Onyem, Chief Executive Officer, NSE and Paul Thomas Arkwright, British High Commissioner to Nigeria at the Closing Gong Ceremony at the Exchange today. Recession: Nigeria will soon be out of economic downturn-British High Commission …To Provide Technical Expertise For Recovery FRIDAY EKEOBA In line with its positive trade partnership with the domestic economy, the British High …

Read More »

Read More »

SEC Bans Two From Capital Market For Life The Securities and Exchange Commission (SEC) in the exercise of its powers under Section 13 of the ISA, 2007 investigated complaints against WT Securities Ltd. and its Directors (Mr. Taofik Lawal and Mrs. Iyabode Lawal) and found them culpable of mismanaging the stocks of Mrs. Opral Mason Benson, and the unauthorized sale …

Read More »

SEC raises awareness over fake Ponzi Scheme FRIDAY EKEOBA The Securities and Exchange Comission (SEC) has warned the investing public about a ponzi scheme aimed at defrauding them of their money by offering them a higher interest commission on investment. The Commission in a notice on Wednesday signed by the management, said its attention has been drawn to the activities …

Read More »

Minister of Finance, Kemi Adeosun Federal Government Holds Stakeholders Consultation On Pilot Issuance Of Green Bond The Federal Ministry of Environment has held a Stakeholders’ Consultation on the pilot issuance of Green bonds in Nigeria as part of moves to explore innovative sources of funding for its climate action plans towards sustainable development. Nigeria like most countries around the world, faces …

Read More »

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that dividend warrants can now be deposited into savings accounts. This follows the directive from the Central Bank of Nigeria (CBN) via Circular referenced BPS/DIR/GEN/CIR/03/005 dated 28th July, 2016 instructing banks to allow customers with BVN to deposit cheques into their savings account. As part of several …

Read More »

The Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors in the Nigerian Capital market as that is one of the critical ways of deepening the market. Director General of SEC, Mounir Gwarzo stated this when the Management of the Commission visited the Federal Radio Corporation of Nigeria (FRCN) on an advocacy visit on the 10 year Capital Market …

Read More »

The Securities and Exchange Commission (SEC) has sought the collaboration of media organizations in the country to ensure effective implementation of the Capital Market Ten Year Master Plan. Director General of SEC Nigeria, Mounir Gwarzo said this Tuesday during a meeting with Management of Nigeria Television Authority (NTA), in Abuja. The DG said a successful implementation of the plan is …

Read More »