SEC Nigeria Archives — City Business News

November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...

November 3, 2024 No Responses

Q3: Access Holdings Declares N3.4tri Gross Revenue

Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 t...

October 13, 2024 No Responses

SEC DG: Capital Market Can Galvanise Funds To Finance Nigeria’s Infrastructural Deficit

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has described the capital market as being grossly undersold in helping to finance the homogous infrastructure deficit in the domestic economy.Dr. Agama said considering ...

October 8, 2024 No Responses

Presco Announces Resignation Of Three Directors

Presco Plc has announced the resignation of Chief (Dr.) Bassey Edem, Osa Osunde and HRH., Prince Aiguobasimwin Akenzua as Non-Executive Directors of the company.According to a statement signed by the company’s Secretary, Alayo Ogunbiyi, the Directors contrib...

September 29, 2024 No Responses

SEC Nigeria Vows To Tackle Illegal Fund Managers

The Securities and Exchange Commission(SEC) has warned entities engaged in illegal fund management activities to desist forthwith or be ready to face the full wrath of the law.Director General of the Securities and Exchnage Commission, Dr. Emomotimi Agama stat...

September 3, 2024 No Responses

United Capital Trustees Appoints Michael Thomas As MD/CEO

United Capital Trustees, a subsidiary of United Capital Group has appointed Michael Abiodun Thomas as the new Managing Director/Chief Executive Officer. A statement explained that the appointment follows a rigorous approval process by the Securities and Exchan...

December 3, 2023 No Responses

SEC Harps On Collaboration To Enhance Economic Growth

The Securities and Exchange Commission (SEC) has called for an active collaboration between the government and market participants to enhance market growth and facilitate economic development. The Director-General of SEC, Mr Lamido Yuguda, made the...

November 9, 2021 No Responses

SEC Nigeria Reiterates Commitment To Green Economy

The Securities and Exchange Commission (SEC) has stated that it will continue to strive to deliver coordinated and coherent policy advice, capacity building and regulatory support to build the momentum for a green economy. Green fi...