Presco’s Shareholders Get N8.6b Dividend For 2022

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo per share, which amounted...
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Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividends in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC) t...
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SEC Seals Offices of Stockmatch

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...
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SEC, PENCOM, NGX To Host Webinar On Securities Lending

SEC, PENCOM, NGX To Host Webinar On Securities Lending

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities a...
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SEC, FMMSD To Collaborate On Raising Capital For Non-Oil Sector

SEC, FMMSD To Collaborate On Raising Capital For Non-Oil Sector

The Securities and Exchange Commission (SEC) and the Capital Market Community are to partner with the Federal Ministry of Mines and Steel Development and other stakeholders to promote the use of alternative means of raising capital such as Non-Interest product...
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NGX Market Capitalisation Up By N1.8trillion In July

NGX Market Capitalisation Up By N1.8trillion In July

Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among...
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SEC Urges FRSC  Personnel To Shun Ponzi Schemes

SEC Urges FRSC  Personnel To Shun Ponzi Schemes

Officers of the Federal Road Safety Corps have been urged to avoid Ponzi schemes and only invest in entities registered with the regulatory body.The Securities and Exchange Commission gave the advise during an investor enlightenment programme tagged “Investo...
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SEC Explains Amendments To Rules On Shelf Registration

SEC Explains Amendments To Rules On Shelf Registration

The Securities and Exchange Commission( SEC) has exposed some Proposed amendments to rules on Shelf Registration and Pre-offer Waiting Period. SEC at the weekend explained  that the Sundry Amendments are being made to Rule 279(3) on Shelf Registration and...
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Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

Sanwo-Olu, SEC, NGX, IFC Renews Call For Gender-Focused Initiatives

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increase...
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Photo News

Photo News

L-R    Representative Securities and Exchange Commission (SEC)  Cote D’Ivoire Mrs Honorine Ovedraojo, Head, Securities and Investment Services Department, SEC Nigeria  Mr Sa’ad Abdulsalam, Representative SEC Cote D’Ivoire Mr Barago Issouf...
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NCC, NAICOM, SEC, PenCom, Others For SUPERNEWS Conference April 27

NCC, NAICOM, SEC, PenCom, Others For SUPERNEWS Conference April 27

SUPERNEWS Nigeria will on Thursday, April 27, 2023 bring together regulators and experts from the financial services sector in Lagos, to examine the relevance of Fintech in bringing the unbanked, uninsured and those yet to be part of pension into the...
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Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme.  The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme w...
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SEC Partners Pencom On Commodities Sector 

SEC Partners Pencom On Commodities Sector 

The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the National Pensions Commissions (Pencom) as part of measures to further deepen the commodities ecosystem.  Director General of SEC, Lamido Yuguda stated this wh...
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Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers Project Nigeria’s Economic Growth In 2023

Stockbrokers have assured the investing public that the economy has strong potential to bounce back this year.   They said this at an event organised by Chartered Institute of Stockbrokers (CIS) on “The Nigerian Economic Review of 2022 and Outlook ...
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