SEC Archives — Page 5 of 15 — City Business News

September 27, 2021 No Responses

How To Bridge Infrastructure Gap Through Capital Market, By SEC

The Securities and Exchange Commission has again affirmed that the capital market has the potentials to bridge the infrastructure gap in the country as well as aid economic development. This was stated by Executive Commissioner Operations of the SEC, Mr....

September 20, 2021 No Responses

SEC Commences 100% Custody Requirement In CIS

As part of measures to protect investors, the Securities and Exchange Commission (SEC) has commenced implementation of 100 percent custody requirement in the Collective Investment Schemes (CIS) sector In a statement on Sunday, the Director-General, Lami...

September 6, 2021 No Responses

SEC To Reduce Cost, Assures Of Profitability In Two Years

The Securities and Exchange Commission has unveiled plans to reduce its operating costs in order to boost profitability within the next two years.The Director-General, SEC, Mr Lamido Yuguda who said this in Abuja, also noted that the Commission has been...

August 20, 2021 No Responses

SEC, CIS, Harp On Resilient Capital Market

The Securities and Exchange Commission has expressed the need for the capital market to be strengthened to accelerate domestic production and employment given the direct correlation between the increase in production and job creation. To achieve this...

August 20, 2021 No Responses

SEC Nigeria Photo News

L-R: Director General Securities and Exchange Commission, Mr Lamido Yuguda, President, Chartered Institute of Stockbrokers Mr Tunde Amolegbe and Minister of Finance Hajia Zainsb Ahmed during the 2021 CIS Seminar in Abuja on Thursda...

August 19, 2021 No Responses

SEC Seeks Collaboration On Dispute Resolution In Capital Market

The Securities and Exchange Commission has expressed its readiness to collaborate with relevant Alternative Dispute Resolution professionals as a means to ensuring effective dispute resolution in the capital market. Director-General of the SEC, Mr. Lamid...

August 17, 2021 No Responses

SEC Nigeria Photo News

L-R, Executive Commissioner Operations, Securities and Exchange Commission Mr Dayo Obisan, Director-General, SEC, Mr Lamido Yuguda and Executive Commissioner Legal and Enforcement, SEC, Mr Reginald Karawusa during the 2nd 2021 Virtual Capital Market C...

August 14, 2021 No Responses

SEC Partners SON, Others On Commodities Trading Standards, To Clampdown On Illegal Capital Market Operators

As part of measures to ensure standards for commodities trading in Nigeria, the Securities and Exchange Commission (SEC) has inaugurated a committee on agro-based standards. Speaking at the second post-Capital Market Committee (CMC) virtual...

August 13, 2021 No Responses

SEC Nigeria Collaborates With RIMAN To Deepen Capital Market

The Securities and Exchange Commission (SEC) has expressed readiness to collaborate with the Risk Management Association of Nigeria (RIMAN) to deepen the capital market. The Director-General of SEC, Mr Lamido Yuguda, stated this in his goodwill message a...

August 5, 2021 No Responses

SEC: Securities Issuers Forum will aid market Development

The Director-General, Securities and Exchange Commission (SEC), Mr Lamido Yuguda, has expressed optimism that the Securities Issuers Forum (SIF) will aid the development of the capital market and the economy. Yuguda made the assertion in his opening address ...

July 19, 2021 No Responses

Oando Enters Into Settlement With SEC

Oando Plc has entered into a settlement with the Securities and Exchange Commission in the overriding interest of the shareholders of the Company and the capital market. This was contained in a Circular released by the SEC in Abuja Monday and...

July 13, 2021 No Responses

SEC Nigeria Proposes N10m Registration Fees For Issuing Houses, Others

The Securities and Exchange Commission (SEC) has proposed N10 million registration fee for issuing houses, underwriters and fund managers from the current fee of N500,000. The commission stated this in a document titled, “Exposure of proposed new rule ...

July 4, 2021 No Responses

SEC Nigeria Issues Interoperability Framework Among CSDs

As part of measures to enhance the efficiency of trading and settlement functions as well as align the market with international best practices,the Securities and Exchange Commission (SEC) has issued an Interoperability/Financial Markets Infrastructure Link Fr...

June 16, 2021 No Responses

NG Clearing Secures SEC Approval, Emerges Nigeria’s Premier Central Counterparty

By citybusinessnews@yahoo.com — Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty (CCP) wit...