SEC Archives — Page 15 of 16 — City Business News

January 19, 2018 No Responses

SEC extends e-dividend free registration to February 28

As part of its developmental role, the Securities and Exchange Commission (SEC) has announced an extension of the period for the FREE e-Dividend registration exercise till February 28, 2018, to encourage more shareholdersmandate their Bank Accounts According to the SEC, in reviewing the progress of...

January 18, 2018 No Responses

SEC Photo News

LEFT TO RIGHT: Coordinating Director Legal and Enforcement Securities and Exchange Commission, Mr. Reginald Karawusa, Coordinating Director Corporate Services SEC, Isiaku Tilde, Technical Adviser International Monetary Fund (IMF) Mr. Mathew Sullivan, Acting Di...

December 27, 2017 No Responses

SEC partners IST to curb capital market Infractions

The Securities and Exchange Commission (SEC) has expressed readiness to partner with relevant bodies in its quest to ensure zero tolerance on infractions in Nigeria’s capital market. Acting Director General of SEC, Dr. Abdul Zubair stated this when the...

December 6, 2017 No Responses

Zubair, Acting SEC DG insist on Oando’s forensic audit

The Acting Director-General, Securities and Exchange Commission (SEC), Dr. Abdul Zubair, has reiterated SEC’s resolve to conduct a Forensic Audit on the activities of Oando Plc. In a letter dated December 5, 2017 and addressed to the CEO of Oando Plc,.....

December 4, 2017 No Responses

FG appoints Abdul Zubair acting DG of SEC

The Federal Government has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. ...

November 30, 2017 No Responses

FG suspends SEC DG, two others

The Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and two others have been suspended from office by the Minister of Finance, Mrs. Kemi Adeosun as the Federal Government launches investigation into several allegations of...

November 1, 2017 No Responses

SEC arraigns Man over identity theft, sales of 53, 592 units of Nigerian Breweries shares

October 31, 2017 No Responses

SEC inaugurates capital market development fund

The Securities and Exchange Commission (SEC) on Monday inaugurated the Nigerian Capital Market Development Fund (NCMDF) in Abuja. Speaking at the event, the Director General of SEC, Mr Mounir Gwarzo, who is also the Chairman of NCMDF board, explained ...

October 30, 2017 No Responses

Oando: Shareholders seek accelerated forensic audit

The proposed forensic audit of Oando Plc should commence without any further delay, shareholders of the company declared on Sunday in Lagos. According to the shareholders, the investigation should be detailed and “without any fear or favour”. Under t...

October 24, 2017 No Responses

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com – The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc. To ensure the independence and transparency of the exercise, the Forensic Audit according ...

October 18, 2017 No Responses

Sec probes Oando, shares on technical suspension

The crisis rocking Oando plc on Wednesday assumed a new dimension as the Secirities and Exchange Commission (SEC) directed the Nigerian Stock Exchange (NSE) to place the shares on technical suspension effective from October 20, 2017. Under the arrangement,....

October 9, 2017 No Responses

Shareholders task SEC on Oando crisis

Based on the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company have cautione...

September 20, 2017 No Responses

SEC bans Ogiemwonyi for life, suspends Omoragbon

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria fo...

July 26, 2017 No Responses

SEC to sanction firms, capital market operators over tax default

The Securities and Exchange Commission (SEC) has advised Capital Market Operators (CMOs) and Public Limited Company (PLCs) to comply with the Voluntary Assets and Income Declaration Scheme (VAIDS) or face penalty. According to a statement, SEC is enc...