The Securities and Exchange Commission (SEC) has reversed the suspension of Heritage Capital Markets Ltd, correspondents has learnt. In a release signed by SEC’s management, the capital market regulator revealed that it lifted the suspension on the company on Wednesday February 1, 2017. Specifically, according to the circular published on its website, tagged: ‘Investors Alert: The […]
Read More The famous slogan by President Muhammadu Buhari, “If we don’t kill corruption this corruption will kill us,” which gained traction during the political hustings in the run up to the 2015 general election, is the premise upon which the anti-corruption war of the current administration is being fought. Which is just as well. Expectedly, one […]
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Heritage Bank said it has no business relationship with Heritage Capital Market Ltd suspended by the Securities and Exchange Commission (SEC). In a statement, the management of the bank said: “Our attention has been drawn to a certain recent publication in some of the national dailies regarding the suspension of a certain “Heritage Capital Market […]
Read More The Nigerian securities and Exchange Commission (SEC) has prohibited Heritage Capital Markets Limited, a stockbroker and dealer on the Nigerian Stock Exchange (NSE), for alleged fraudulent sale of investor’s shares. In a circular, SEC stated that it suspended Heritage Capital Markets “in connection with unauthorised sale of shares belonging to an investor”, using the capital market […]
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The apex regulatory authority of the Nigerian capital market, the Securities and Exchange Commission (SEC), has ordered major marketing company, Forte Oil Plc, to issue bonus shares to its shareholders on or before the end of the first quarter of 2016. The development which was confirmed in a statement by the company in Lagos, has […]
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The Securities and Exchange Commission (SEC) says it has revoked the operational licences of 84 Capital Market Operators (CMOs). This is contained in a statement issued by the commission on Saturday in Lagos. It said that the CMOs’ accounts had remained inactive in spite of the commission’s earlier notice to them to rectify their accounts. […]
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