Tag: Securities and Exchange Commission (SEC)
SEC issues red alert on Risevest, Stecs cooperative societies
The commission hereby notifies the public that Risevest and Stecs are not registered to operate in any capacity in the…
SEC grants approval-in-principle to 2 digital Exchanges
Efe Ebelo, the spokesperson of SEC announced this in a statement on Thursday in Lagos. According to her, the the…
‘Don’t invest in $Davido Meme Coins,’ SEC warns
According to SEC, meme coins are not intended to serve as a medium of exchange accepted by the public as…
Tinubu seeks Senate’s confirmation of 4 board members of SEC
The Senate President, thereafter, referred the request to the Senate Committee on Capital Markets to report back to the Senate…
Unclaimed dividends hit whopping N180 billion
Although N180 billion unclaimed dividends is a large amount, Yuguda said that the amount constituted only five per cent of…
SEC optimistic of capital market growth in 2022
Yuguda said that SEC would also inaugurate the revised version of the 10-year Capital Market Master Plan during its forthcoming…
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…
Senate queries SEC over excessive spending
Senator Amosun said that it was out of place for SEC to have expended close to 70 per cent of…
Ex-SEC DG Mounir Gwarzo floors ICPC in court
An FCT High Court sitting at Apo has discharged the former Director-General of the Securities and Exchange Commission (SEC), Dr…
Oando settles legal tussle with SEC
Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the…
That SEC circular on trading in foreign securities
SEC needs to clarify its circular on investment in foreign securities and the legality of firms offering brokerage services
Judge transfers Oando suit against SEC to Securities Tribunal
Justice Giwa Ogunbanjo has dismissed the lawsuits brought by Oando Plc challenging the Securities and Exchange Commission's removal of its…
SEC joins CBN, bans crypto trading in Nigeria
The Securities and Exchange Commission (SEC) has joined the Central Bank of Nigeria (CBN) to ban crypto trading.
2nd wave of COVID-19 forces SEC to suspend physical meetings
The Securities and Exchange Commission (SEC) has suspended all physical meetings and visits to its offices till further notice in…
Wonder banks bloom in northern Nigeria: SEC warns
Wonder banks which normally promise unsuspecting patrons fantastic returns, are blooming in northern Nigeria, the Securities and Exchange Commission warned…