Capital Market – Page 3 – City Business News

August 18, 2025 No Responses

Senate, SEC To Hold Summit On Municipal Bonds, Sukuk

The Senate Committee on Capital Markets and Institutions in collaboration with the Securities and Exchange Commission is set to hold a national stakeholders summit on Municipal Bonds and Sukuk for Local Government Infrastructural Development in Uyo, Akwa Ibon State from...

August 10, 2025 No Responses

SEC DG, Agama, Emerges AMERC Vice Chair

The Director General, Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama has been elected as Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO).By this elect...

August 8, 2025 No Responses

Court Fines Zenith Bank N85m For Freezing Customer’s Account

A High Court in Abuja has awarded a fine of N85 million against Zenith Bank Plc for freezing a customer’s bank account by relying on an invalid court order.Justice S. U. Bature, in a judgment, also ordered the bank to...

August 5, 2025 No Responses

Capital Market Investors Gain N1.78 trillion

The Nigerian stock market began the week on a bullish note on Monday, as investors gained N1.78 trillion in a single-day rally.The positive trend followed sustained buying interest in Lasaco Assurance, Royal Exchange, UPDC, UAC of Nigeria, and 43 other...

July 29, 2025 No Responses

Photo News

L-R: Edward Nelson-Addy – Head Corporate Communications & Brand Management, Access Bank Ghana; Nana Adu Kyeremanteng – Head, Human Resource, Access Bank Ghana; Katherine Ampomah – Head SME Sector – Business Banking, Access Bank, Gha...

July 29, 2025 No Responses

Green Impact Exchange Appoints Oscar Onyema, Four Others Board Members

The Green Impact Exchange (GIX) has announced the appointment of five new board members across its parent company and to the board of the Green Impact Exchange. A statement issued on Monday explained that the new members bring extensive experience...

July 21, 2025 No Responses

SEC Nigeria To Introduce USSD Codes For Verifying Operators

As part of measures to curb the activities of unregistered investment operators and protecting investors from fraudulent schemes, the Securities and Exchange Commission (SEC) is set to introduce a dedicated Unstructured Supplementary Service Data (USSD) code s...

July 10, 2025 No Responses

Digital Assets Fraud Threatens Market Integrity

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital assets fraud, warning that it poses a significant challenge to market integrity and undermines investor confiden...

July 6, 2025 No Responses

At United Capital Investment Forum, SEC DG Seeks Inclusive Capital Market

June 21, 2025 No Responses

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 ...

June 14, 2025 No Responses

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...

June 11, 2025 No Responses

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...

June 10, 2025 No Responses

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...

June 10, 2025 No Responses

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...