Tag
SEC
SEC said its objective is to get more Nigerians into well-regulated investment vehicles.
According to SEC, the Federal High Court Nigeria lacks the jurisdiction to entertain the dispute as the jurisdiction lies with the Investments & Securities Tribunal.
Regulators should emulate their foreign counterparts and come up with proper regulatory framework.
The DG of SEC revealed that 4.01 million accounts still have incomplete KYC information as of April 8 despite the government’s efforts.
The SEC has stated that it is in discussion with the CBN to better understand and regulate the crypto-assets market.
Mr Lamido Yuguda, DG of SEC, stated that the purpose of the fund is to help Nigeria's economic recovery from the pandemic.
The recent move has generated diverse views from stakeholders with some critics classifying this action as irrational.
In the spirit of progressive engagement and dialogue, many voices now suggest that the SEC take a fresh look at its latest position.
The SEC is reminding participants and investors that only approved securities can be sold to the Nigerian public.
The SEC has warned potential capital market investors against putting their funds in fraudulent investment schemes.
XRP is up 9.94% for the day, the Crypto's asset's biggest one-day percentage gain since March 20.
The AfDB has signed a $400, 000 grant with Nigeria's SEC to strengthen securities market regulation.