SEC Clamps Down On Growing Circle Over Alleged Illegal Capital Market Activities

SEC Clamps Down On Growing Circle Over Alleged Illegal Capital Market Activities

The Securities and Exchange Commission, SEC, has sealed off the premises of Growing Circle in Lagos for  engaging in alleged  illegal fund management  activities. According to the Commission, the company was shut down for carrying out investment operations that falls...
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Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, on Wednesday announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions o...
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SEC Implores Capital Market Stakeholders On Local, Foreign Investments

SEC Implores Capital Market Stakeholders On Local, Foreign Investments

Stakeholders in the Capital Market have been urged to continue to take positive steps to attract and retain both local and foreign investments as part of measures to stimulate economic growth and develop critical infrastructure necessary for the country’s de...
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Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area.  Already, IOSCO´s Grow...
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CBN Injects $210m Into Inter-Bank Market

CBN Injects $210m Into Inter-Bank Market

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the inter-bank foreign exchange market. Figures released by the CBN on...
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How To Reduce Cost Of Doing Business In Nigeria’s Capital Market,  By SEC Boss

How To Reduce Cost Of Doing Business In Nigeria’s Capital Market, By SEC Boss

When properly leveraged, technology will reduce the cost of doing business in Nigeria’s capital market, Acting Director General of the Securities and Exchange Commission, SEC, Mary Uduk has said  According to Uduk, this is one of the reasons the apex...
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