SEC Seeks Advanced Financial Inclusion By 2030

SEC Seeks Advanced Financial Inclusion By 2030

The Securities and Exchange Commission (SEC) has stressed the need for Nigeria to harness its demographic dividend to advance financial inclusion through investments by 2030 for national survival or face deepening inequality.The Director-General of the SEC, Dr Emomotimi Agama, said...
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Ecobank Nigeria For Finance Programme To Boost Green Energy Investment

Ecobank Nigeria For Finance Programme To Boost Green Energy Investment

Ecobank Nigeria has been selected as one of five Nigerian banks to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme.  The initiative, funded by European donors, aims to scale up green energy financing ...
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NGX, IFC Harp On Sustainable Finance Drive With Labelled Bond Workshop

NGX, IFC Harp On Sustainable Finance Drive With Labelled Bond Workshop

Nigerian Exchange Limited (NGX),  subsidiary of Nigerian Exchange Group, and the International Finance Corporation (IFC), a member of the World Bank Group, have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, su...
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SEC Bans Independent Directors From Becoming Executive Directors

SEC Bans Independent Directors From Becoming Executive Directors

The Securities and Exchange Commission (SEC) has prohibited Independent Directors from transitioning into Executive Director roles within the same company or group.In a circular to public companies and capital market operators titled “Circular to All Public ...
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United Capital Unveils Two New Mutual Funds To Empower Investors In Francophone West Africa

United Capital Unveils Two New Mutual Funds To Empower Investors In Francophone West Africa

United Capital Plc has officially commenced operations of its latest subsidiary, UnitedCapital Asset Management West Africa Limited (UCAMWAL) with the launch of twoCFA franc-denominated mutual funds: the UCAMWAL Bond Fund and the UCAMWALDiversified Fund, in Ab...
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Firm Drags Zenith Bank To UK Parliament, ICC Over $64m Contract Judgment

Firm Drags Zenith Bank To UK Parliament, ICC Over $64m Contract Judgment

The stage is set for another round of legal battle between Zenith Bank and Owigs and Obigs Nigeria Limited over what the company terms institutional sabotage.In a petition before the UK Parliament and the International Criminal Court Hague, Owigs and...
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SEC To Firms: Honour Unclaimed Dividend Requests

SEC To Firms: Honour Unclaimed Dividend Requests

The Securities and Exchange Commission (SEC) has directed all public companies and Registrars to stop treating unclaimed dividends older than 12 years as “statute-barred”, especially those from before the enactment of the Finance Act 2020.The directive rea...
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Seplat Energy Bags CIPS Procurement Excellence Standard Certificate 

Seplat Energy Bags CIPS Procurement Excellence Standard Certificate 

The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, m...
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AGF: Why I Dropped Fraud Charge Against Fidelity Bank’s MD, Onyeali-Ikpe

AGF: Why I Dropped Fraud Charge Against Fidelity Bank’s MD, Onyeali-Ikpe

The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, on Monday, disclosed reasons why he discontinued a fraud charge the Federal Government entered against the Managing Director and Chief Executive Officer, MD/CEO, of Fid...
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Oando Attains N220b Profit In 2024

Oando Attains N220b Profit In 2024

Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted robust Audited Full Year (FY) 2024 financial results with a 44% increase in revenue to N4.1trillion compared ...
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SEC Nigeria Tasks African Capital Markets On Financing Gap For Climate Adaptation

SEC Nigeria Tasks African Capital Markets On Financing Gap For Climate Adaptation

The Securities and Exchange Commission (SEC), Nigeria, has stressed the need for the mobilisation of capital markets to bridge the colossal financing gap for climate adaptation in Africa.Dr Emomotimi Agama, the Director-General of SEC, said this while speaking...
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SEC Nigeria Cautions Investors On Ponzi Schemes

SEC Nigeria Cautions Investors On Ponzi Schemes

Again, the Securities and Exchange Commission (SEC) has sounded a renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability, and the Nigerian capital market.This was the central theme of ...
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At Access Bank GLS, Tunji-Ojo Advocates Purpose-Driven Leadership

At Access Bank GLS, Tunji-Ojo Advocates Purpose-Driven Leadership

Minister of Interior, Dr. Olubunmi Tunji-Ojo, recently challenged public and private sector leaders on decisive leadership skills at the Access Bank Guest Lecture Series (GLS) held at the Bank’s headquarters in Victoria Island, Lagos.  Speaking on the t...
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Court Fixes July 4 For Judgment On CBN Act

Court Fixes July 4 For Judgment On CBN Act

Justice James Omotosho of the Federal High Court, Abuja, has fixed 4 July for judgment to determine the legality of the Nigeria Inter-Bank Settlement System Plc’s (NIBSS) management of the Bank Verification Number (BVN) database, said to be in line...
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