Tag: SEC
SEC worried as Nigeria records over $50bn cryptocurrency transactions in 1 year
SEC noted that, while fewer than three million citizens invested in the capital market, more than 60 million engaged daily…
SEC raises alarm over mysterious ‘investment platform’ targeting Nigerians
Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against an online investment company known as AfriquantumX, which…
Billions of naira gone? SEC flags FF Tiffany investment scheme, begins probe
SEC, in the statement said it viewed the activity of the company as a threat to investor confidence and the…
SEC excited as Tinubu signs Investments, Securities Act 2024 into law
This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to…
No Mercy! SEC declares war on fraudsters in Capital Market
Agama minced no words, stressing that investor protection remains paramount, and any operator caught engaging in fraudulent practices will be…
FCMB Group completes public offer, raises ₦147.5bn with 33% oversubscription
Regulatory approvals have also been received to downstream the net proceeds of the public offer from the holding company to…
Nigeria’s Banks mobilise N1.7 trillion for Capital boost via digital platform
With a cumulative target of N4.14 trillion, the recapitalisation effort has a March 31, 2026, deadline. The initiative aims to…
SEC approves Nigerian Breweries’ 22.61bn Rights Issue
Mr Uaboi Agbebaku, Company Secretary of Nigerian Breweries, confirmed this in a disclosure sent to the Nigerian Exchange Ltd.(NGX)on Tuesday…
SEC approves commencement of Access Holdings N351bn rights issue
Access Holdings said that it remained committed to its strategic vision of expanding its footprint and delivering exceptional value to…
Tinubu makes crucial appointments into Board of SEC
Tinubu appointed Mr. Mairiga Aliyu Katuka as the Chairman of the board of SEC, while Mr. Emomotimi Agama has been…
SEC shuts company for engaging in illegal capital market activities
It said the company enticed clients with promises of fixed returns on investment, contingent upon the specific package to which…
SEC staff Oleghe Nelson in trouble over N4.4m bribe
Oleghe and one Oviosa Lawrence received the sum of N4,410,000 from the contract sum that was paid by SEC to…
SEC laments resurgence of Ponzi schemes
SEC said the unlawful schemes had continued to enjoy massive patronage of the populace and remained a source of concern…
EFCC, SEC partner against Ponzi Schemes
The Economic and Financial Crimes Commission, EFCC, and the Securities and Exchange Commission, SEC, are committed to strengthening the partnership…
N100bn bond: Lagos, SEC inspect ongoing projects
In preparation for the N100 billion Bond Issuance Programme recently approved by the Lagos State House of Assembly (LAHA), the…
SEC opposes joining of Oando in Tinubu’s suit
Counsel to the Securities and Exchange Commission (SEC), Chief Anthony Idigbe (SAN), on Monday opposed an application seeking to join…
Oando v SEC: Legal fireworks begin June 24
Legal fireworks will begin on June 24 between sacked Oando directors, Jubril Adewale Tinubu and Omamofe Boyo and the Securities…
Court restrains SEC barring Tinubu from being Director of public companies
A Federal High Court sitting in Lagos, Southwest Nigeria, on Monday restrained the Security and Exchange Commission, SEC, from taking…
Sunmonu takes over Oando
Mr. Mutiu Olaniyi Adio Sunmonu has been appointed by the Securities and Exchange Commission to lead an interim management of…
SEC orders Oando boss, Wale Tinubu to resign
The Securities and Exchange Commission, SEC has ordered the Group Chief Executive Officer, Oando Plc, Wale Tinubu, and others to…
SEC begins verification of Dantata coy
The Securities and Exchange Commission (SEC), has concluded plans to commence verification for Nigerians that invested monies in Dantata Success…
SEC warns market operators against unethical conduct
Nigerian capital market regulatory body, the Securities and Exchange Commission (SEC) has warned operators in the capital market to desist…
Lawyer drags SEC, NSE to court over MTN listing
A legal practitioner based in Lagos, Dr. Charles Mekwunye has dragged the Security and Exchange Commission, SEC, before a Federal…
MTN Nigeria successfully registers shares with SEC
MTN Nigeria Communications Plc (MTN) on Tuesday announced that it had successfully completed the registration of 20,354,513,050 ordinary shares of…
There are opportunities in the Commodities market – SEC
The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to…
Nigeria’s infrastructure deficit to hit $878bn by 2040 – SEC
The Securities and Exchange Commission (SEC) on Sunday said that the country’s infrastructure deficit would hit 878 billion dollars by…
SEC extends e-dividend registration deadline to March 31
The Securities and Exchange Commission (SEC) has extended its free e-dividend registration deadline to March 31, the News Agency of…
Annual reports: Quoted companies to save N1bn from printing – SEC
The Securities and Exchange Commission (SEC) on Wednesday said quoted companies would save one billion naira from the printing and…
SEC extends free e-Dividend registration by 150 days
The Securities and Exchange Commission is extending the deadline for free e-Dividend registration in the country by 150 days Mr…
SEC investigates Stanbic IBTC over fees disclosure
Nigeria’s financial regulator is investigating Stanbic IBTC over alleged wrongful disclosure of fees owed to its parent, South Africa’s Standard…