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SECURITIES AND EXCHANGE COMMISSION
SEC ha expressed worry that credit to agriculture sector in the last 10 years remains as low as 5%, severely hampering the sector’s growth.
SEC boss. Mary Uduk disclosed that the commission was worried over the fact that credit allocation to the Nigerian agriculture sector has remained as low as 5% in the last ten years.
The Nigerian Stock Exchange (NSE) is going public listing with authorizing share capital of 1.25 billion consisting of 2.5 billion ordinary shares.
SEC has granted approval to the Consolidated Hallmark Insurance to proceed on a Rights Issue and increase its capital base by N1.05 billion.
SEC has started holding talks with individuals who took part in the illegal capital market activities of Dantata Success and Profitable Company for refund.
Assets worth about N2.35 billion owned by Ponzi schemes and other wonder banks have been seized by the Securities and Exchange Commission (SEC).
As more Nigerians continue to fall prey to the activities of illegal fund managers, SEC said it is prepared to go harder on those behind these illegal schemes.
Flour Mills of Nigeria Plc just announced a planned issuance of a N20 billion medium-term bonds which will be subject to appropriate pricing.
SEC has disclosed that one of its top priorities for the year 2020 is to develop an efficient derivatives trading market.
The Securities and Exchange Commission (SEC) has granted C&I Leasing Plc a 10-day extension for the closure of its N3.2 billion rights issue.
Bisi Fayemi, First Lady of Ekiti state has called on the Federal Government to ban imported Aso-Oke fabrics saying it would boost economic growth.
The NSE has disclosed it would begin implementation of its new free float rules staring from the first trading day in 2020.