Security and Exchange Commission Archives

March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed following the failure of...

March 6, 2025 No Responses

United Capital Investors Get N2.40K Total Dividend For 2024

For the year 2024, United Capital Plc (UCAP) attained Profit After Tax (PAT) of N24.10billion, compared to N11.42 billion recorded in 2023, representing 111.03 per cent increase.Building on a decade of consistent dividend payments, United Capital achieved a si...

January 27, 2025 No Responses

Photo News

Former Vice President and Treasurer, World Bank and Director General, Securities and Exchange Commission (SEC Nigeria), Arunma Oteh(left) and Former Nigeria’s Minister of Finance, Kemi Adeosun at Oteh’s 60th birthday in London on Friday.

January 23, 2025 No Responses

2025: ASAM Projects 39% ASI Growth On Bank Recapitalization, New Listings

For the year 2025, the Nigerian stock market is poised for significant growth, Arthur Steven Asset Management Limited (ASAM) has protected with a 39 per cent return on the All-Share Index (ASI).According to Olatunde Amolegbe, Managing Director, ASAM and former...

January 22, 2025 No Responses

SEC DG: Collective Investment Schemes Increased To N3tri In 2024

The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024.The Director General of the SEC, Dr. Emomotimi Agama who disclosed this during an interaction with reporters in Abu...

January 5, 2025 No Responses

SEC To Intensify Crackdown On Ponzi Schemes In 2025

The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission, assuring that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investmen...

November 5, 2024 No Responses

SEC Takes Investor Clinic To Ibadan

The Securities and Exchbage Commission has announce that the Commission would be holding an Investor Clinic in Ibadan from November 7-8 2024.Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama who stated this Tuesday in Abuja, said ...

April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by...