SEC – Page 8 – City Business News

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, Director General of...

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...

May 24, 2021 No Responses

SEC Nigeria Adopts Sustainable Finance Guidelines For CMOs

The Securities and Exchange Commission (SEC) has adopted the Nigerian Sustainable Finance Principles (NSFP) which was developed by the Financial Services Regulation Coordinating Committee (FSRCC) for Capital Market Operators (CMOs). A statemen...

April 28, 2021 No Responses

SEC Nigeria, FSD Africa To Develop ICT Transformation Strategy

The Securities and Exchange Commission (SEC) with the support of FSD Africa is to develop an Information Communication and Technology (ICT) transformation strategy to improve market regulatory efficiency. A document published on the commission’s websit...

April 12, 2021 No Responses

SEC Nigeria Engages Stakeholders On Fintech Roadmap Implementation

The Securities and Exchange Commission (SEC) is to discuss issues concerning the implementation of the financial technology roadmap in the market during its forth-coming virtual committee meeting sheduled for April 15 and April 16, 2021. A statement issu...