Capital market needs initiative to attract, retain investment – SEC

The Securities and Exchange Commission has said the capital market needs initiatives that will help attract and retain investments. The acting Director-General, SEC, Ms Mary Uduk, while speaking at the launch of an investment book, ‘Riding the Eagle’, in Lagos on Monday, urged stakeholders to continue to take positive steps that would attract both local […]

Read More

SEC DG harps on condition for a viable derivatives market

The Securities and Exchange Commission, SEC, said that the country will not have a viable derivatives market without building the capacity of regulators and stakeholders. While expressing appreciation to the Republic of Korea on its pledge to assist in developing Nigeria’s derivatives market through a knowledge sharing programe, Acting Director General of SEC, Mary Uduk, […]

Read More

Cost of transaction is attractive, says SEC boss

The Securities and Exchange Commission, SEC, has refuted the claim that the Nigerian capital market is one of the most expensive in the world, saying that cost of transaction in the market is quite friendly. The Acting Director General of the SEC, Ms. Mary Uduk, made the claim at Capital Market Correspondents Association of Nigeria […]

Read More

SEC predicts infrastructure deficit to hit $878 billion by 2040

The Securities and Exchange Commission (SEC) on Sunday said that the country’s infrastructure deficit would hit 878 billion dollars by 2040 and called for active utilisation of green bond for infrastructural gap. Ms Mary Uduk, SEC Acting Director-General, said this at the 2018 annual workshop organised by the Capital Market Correspondents Association of Nigeria (CAMCAN) […]

Read More

SEC committed to boosting investor education – Uduk

The Securities and Exchange Commission has said it is committed to educating and enlightening investors in the Nigerian capital market to enhance their ability to make informed investment decisions. The acting Director General, SEC, Ms Mary Uduk, who stated this at the Planning and Writing Workshop for the development of Capital Market Studies Curriculum for […]

Read More

Emefiele, Udoma, others on how Nigeria must build fiscal buffers to avoid recession

At the 2018 annual meetings of the International Monetary Fund and World Bank held in Bali, Indonesia, the Nigerian delegation led by the Minister of Finance, Mrs. Zainab Ahmed, had talks with development partners, including the Bretton Woods institutions and investors. Among the delegation were the Minister of Budget and National Planning, Senator Udoma Udo […]

Read More

We reduced transaction costs to attract investors – Mary Uduk, SEC DG

The acting Director General, Securities and Exchange Commission, Ms Mary Uduk, in this interview with IFEANYI ONUBA speaks on moves to reposition the capital market for improved efficiency Last month, the Capital Market Committee held a meeting to review activities of the capital market. What were the major issues discussed during the meeting? The essence […]

Read More

SEC extends deadline for multiple account subscription

The Acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, has said the Capital Market Committee, in a bid to encourage many investors to consolidate their multiple subscriptions into one account, has extended the forbearance for multiple accounts to December 31. In a statement issued on Sunday by the commission, Uduk also enjoined investors in […]

Read More

We’ll deepen capital market activities – SEC DG, Mary Uduk

The Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, has applauded the Nigerian Stock Exchange (NSE) on the formal launch of Association of Securities Exchanges of Nigeria (ASEN), stressing that it will deepen capital market activities. Speaking at the launch of ASEN in Lagos, Uduk said that it would improve efficiency, […]

Read More

SEC listing committee to attracts more firms to NSE-New DG

The new Acting Director General of the Securities and Exchange Commission (SEC) Ms Mary Uduk has said that the listing committee constituted by the commission has the main objective to attract new listed firms to the stock market. She disclosed this to journalists during the post Capital Market Committee (CMC) briefing in Lagos. She explained […]

Read More