SEC Nigeria – City Business News

December 19, 2025 No Responses

CSCS Appoints Shehu Shantali As New CEO

By ebosele@hotmail.com The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr. Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to the receipt of regulatory no-objection.City Business News reports that Mr....

December 14, 2025 No Responses

Stakeholders Task Regulators On ISA 2025 Implementation

President of the Independent Shareholders Association of Nigeria (ISAN), Moses Igbrude, has emphasised the need for efficient and impartial implementation of the Investments and Securities Act (ISA) 2025 to drive sustainable growth in the nation’s capital ma...

December 7, 2025 No Responses

SEC, NGX Group Hail ISA 2025 As Catalyst For Stronger Capital Market

The Securities and Exchange Commission (SEC) and the Nigerian Exchange Group (NGX Group) have affirmed that the newly enacted Investments and Securities Act (ISA) 2025, signed into law by President Bola Tinubu, will play a pivotal role in driving Nigeria’s.....

October 29, 2025 No Responses

Nestlé Nigeria Declared N72.5b Profit In NIne Months

Nestlé Nigeria Plc has released its financial results for the nine months ended September 30, 2025, showing a significant rebound in performance across all key indicators.According to the report, revenue grew by 33% to ₦884.5 billion, up from ₦665.3 billi...

October 2, 2025 No Responses

SEC DG Harps On Capital Market Integration To Unlock West Africa’s Growth

The Director-General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African countries to accelerate the integration of their capital markets, describing it as the only way to mobilise the scale of investment needed to drive the ...

September 3, 2025 No Responses

CSCS Hosts Webinar On Nigeria’s Transition To T+2 Settlement Cycle

Central Securities Clearing System Plc, (CSCS) has concluded plans to host a significant webinar titled “Advancing Market Efficiency through T+2 Settlement” as part of industry-wide engagement ahead of Nigeria’s transition to the T+2 Settlement cycle.The...

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 ...

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...

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...

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 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...

May 30, 2025 No Responses

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 ...

May 25, 2025 No Responses

Listed Firms Declare N1.1trillion Dividend In 2024

The Securities and Exchange Comission (SEC) has said that listed companies declared dividends totaling N1.1trillion to shareholders in 2024.The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the first quarter Capital Market Committee (CMC) meet...

May 22, 2025 No Responses

Court Winds Up Illegal Capital Market Firm

Justice C.J. Aneke of the Federal High Court sitting in Ikoyi , Lagos, on Thursday, May 22, 2025, ordered the winding up of a fraudulent collective investment scheme firm, CJC Markets Limited, over failure to register with the Securities and...