Nigeria’s securities market apex regulator, the Securities and Exchange Commission has cleared Nigerian Aviation Handling Company (NAHCO), its board and management of culpability with respect to corporate governance and capital market activities. The SEC clearance followed the petition to President Muhammadu Buhari amongst other allegations , that NAHCO violated the corporate governance code and was […]
Read More Securities and Exchange Commission (SEC) has launched investigation into alleged multi-million Naira shares fraud involving a stockbroking firm, WT Securities Limited, in another high-profile case after the apex capital market regulator indicted and banned two BGL companies from the capital market. In a preliminary indictment charge, SEC, at the weekend, alleged that its preliminary investigation […]
Read More The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in Nigeria’s Capital Market and also ensure that perpetrators of fraudulent acts are brought to book appropriately. Director General of SEC, Mounir Gwarzo stated this when he led members of […]
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