Tag

SEC

The Nigerian investment landscape maintained positive profits for investors in 2023, from the various capital market instruments to mutual funds.
The Board of GlaxoSmithKline Consumer Nigeria Plc (GSK) has announced that the Company has received the Securities and Exchange Commission’s formal approval of its scheme of arrangement which will result in delisting from the Nigerian Exchange Limited (NGX).
SEC granted approval to NASD Plc to launch its N-DSP, powered by Blockstation, under the Regulatory Incubation (RI) Programme.
The United States Securities and Exchange Commission (SEC) has filed charges accusing the Chief Executive Officer of Tingo Mobile, Dozy Mmobuosi, of massive fraud.  
The Securities and Exchange Commission (SEC) has sealed the office of a firm based in Abuja for engaging in illegal investment and other capital market activities.
SEC attributed the reclassifications of Nigerian securities indices by FTSE-Russell and MSCI to the present fx liquidity challenges.
The Securities and Exchange Commission has said that the new e-dividend portal is expected to become operational on the 30th of November 2023. 
Royal Exchange Plc has obtained approval from the SEC to conduct the signing ceremony about the proposed right issue of 4.116 billion ordinary shares of 50 kobo each at 50 kobo per share.
In a significant step towards fostering collaboration and promoting financial literacy, the management team of Nairametrics, a leading financial news media company based in Nigeria, paid a courtesy visit to the Lagos office of the Securities and Exchange Commission (SEC) on Friday, October 13, 2023.
The Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda has called on the private sector to rise to the challenge of sourcing long-term financing from the capital market that would fund the provision of infrastructure in the West African Sub-region. 
SEC reaffirmed its goal of achieving 50 listings of Shari’ah-compliant products with a combined market capitalization of N5 trillion by 2025. 
The Securities and Exchange Commission (SEC) has said that given the current rate of capital expenditure, it would take approximately 300 years to bridge Nigeria's infrastructure gap.