The SEC is strategically collaborating with the Standards Organization of Nigeria towards promoting the commodities trading ecosystem.
As at the end of 2019, the total value of unclaimed dividends stood at 158.44bn.
SEC has declared the activities of Famzhi Interbiz Limited illegal as neither the company nor its products are registered by the Commission.
Chaka Technologies has addressed in a statement, SEC's order restraining it from stock trading.
The SEC restrained fintech startup, Chaka Technologies Limited, and its promoters from advertising or offering for sale shares, stock or other securities.
When funds merge, one of them survives while the other is swallowed up by the surviving fund.
The SEC has disclosed that state governments have borrowed at least N900 billion from the Nigerian capital market in the last four decades.
The House of Representatives has expressed concern over close to N200 million unclaimed dividends in the capital market.
SEC has extended the deadline for the filing of the quarterly statement for the period ending September 30, 2020.
The Securities and Exchange Commission has given approval to NG Clearing Limited to launch CCP.
