The Securities and Exchange Commission (SEC), has announced that the first Capital Market Committee (CMC) meeting for 2019 would hold from Thursday, March 21 – 22, 2019 at the Eko Hotels and Suites, Victoria Island, Lagos. While the key stakeholders in the capital market will meet on March 21, members of the media would be […]
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Centre for Anti-Corruption and Open Leadership (CACOL) has called on President Muhammadu Buhari to, as a matter of urgency, direct the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to charge the former Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, on the abuse of office by the award of contracts […]
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Access and Diamond Bank Plc announced that they have received the final approval of both the Central Bank of Nigeria (CBN), and the Securities and Exchange Commission (SEC), to the proposed scheme of merger between both financial institutions. The banks had recently obtained approval in principle from the regulatory bodies as they await the final […]
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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 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 The Securities and Exchange Commission, SEC, yesterday, approved the Nigerian Stock Exchange, NSE, Sustainability Disclosure Guidelines, SDGs, even as the guidelines will become effective on January 1, 2019. The NSE disclosed this, stating that it recognizes that the promotion of Environmental, Social and Governance (ESG) principles can facilitate more meaningful engagement between investors and listed […]
Read More 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 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 The Securities and Exchange Commission, SEC, yesterday, launched the Green Bonds Issuance Rules, following series of engagements with stakeholders and capital market operators. SEC has collaborated with the Green Bonds Market Development Programme, supported by the Climate Bonds Initiative (CBI), the FMDQ OTC Securities Exchange (FMDQ) and the Financial Sector Deepening Africa (FSD Africa) to […]
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The Securities and Exchange Commission has said it wants government-owned companies to be listed on the Nigerian Stock Exchange. The Acting Director General, SEC, Ms Mary Uduk, during a courtesy visit from the Senate Committee on Capital Market to SEC, commended the senators on the efforts made so far in ensuring adequate legislation for the […]
Read More 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 […]
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Twenty companies listed on the Nigerian Stock Exchange risk being delisted, our correspondent has learnt. According to data obtained from the NSE, 26 companies were on suspension as of November 1, 2018 for failing to file their financial statements as and when due. The bourse stated that 13 companies were suspended last year, out of […]
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