Tag: Capital Market
CISI, NCMI Sign MoU To Boost Capital Market Growth
The Securities and Exchange Commission (SEC)/Nigerian Capital Markets Institute (NCMI) and the Chartered Institute for Securities & Investment (CISI) have commenced a partnership, which will continue the NCMI’s important mission to be a cataly...
SEC Suspends Oando’s AGM
The Securities & Exchange Commission (SEC) has suspended the 2019 annual general meeting of oando plc earlier scheduled to told Tuesday, June 11th, 2019.In a statement on Monday morning, SEC said that, “further to the Ex-parte Order of the Federal...
Emerging Market Regulators Issue Recommendations On Sustainable Finance
Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...
Capital Market Operators seek Govt’s Intervention In Oando, SEC Crisis
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc. They made the call in interviews with the News Agency of Nigeria (NAN) in...
Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team
The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company. According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...
SEC, EFCC, Seek Prosecution Of Capital Market Offenders, Repatriation Of Stolen Funds
The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market.This agreement was reached when the Management of the SEC met with the Management ...
SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign
The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of affected Board Members. The commission in a statement on Friday also barred the Group Chief Executive Officer (GCEO), Wale T...
Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants
As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners ...
Photo News
Photo News: L-R, Head of Department, Securities and Investments Services, Securities and Exchange Commission Mr Abbas Abdulkadir, Head of Department, Legal Department SEC Mrs Anastasia Braimoh, Managing Partner, Perchstone and Graeys Mr ...
SEC, NSE To Streamline Listing Modalities From June 1
The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...
Customers Win N59m In Access Bank’s DiamondXtra Savings Scheme
Access Bank Plc has rewarded about 1,016 with more than N59 million in its DiamondXtra season 11 quarterly draw prize presentation held yesterday at the bank’s headquarters in Lagos. According to the Bank, Mrs Nnenna Chukwu was the ...