30 results
- 21 Aug 2022
SEC to Sanction Stakeholders over Unclaimed Dividends
Mr Lamido Yuguda, the Director-General of Security and Exchange Commission (SEC), said this at a post Capital Market Committee (CMC) news conference on Friday in Abuja. According to Yuguda, in spite…
- 25 Aug 2019
SEC, NITDA Plan Standardised Data for Capital Market Transactions
Securities and Exchange Commission (SEC) and National Information Technology Development Agency (NITDA) have commenced move to develop a standardised form that would aid investors to get access to…
- 14 Apr 2022
Elon Musk Offers to Buy Twitter
Nine percent stake in Twitter is no longer enough for Elon Musk, world’s richest man as he offered $41 billion for the entire company. His offer prompted a spike in shares of the social media giant,…
- 8 Apr 2022
SEC to Tackle Cyber-security Threats in Capital Market
The Securities and Exchange Commission (SEC) has disclosed it has commenced measures to tackle any potential cyber-security threat in the Nigerian capital market. Director-General of SEC, Mr. Lamido…
- 11 May 2017
SEC Says 2.2m Registered for eDividend
Mr. Mounir Gwarzo, director-general, Securities and Exchange Commission (SEC) yesterday said that a total of 2.2 million investors have registered for the edividend payment platform. Gwarzo said this…
- 10 Dec 2013
Unclaimed Dividends Hit N45Bn
The Unclaimed Dividends Committee inaugurated by the Securities and Exchange Commission (SEC), has put the figure of unclaimed dividends at N45 billion. The Committee’s figures contrasted sharply…
- 15 Apr 2021
SEC Accuses Operators of Frustrating eDividend Registration
Securities and Exchange Commission (SEC) on Thursday blamed some Capital Market Operators (CMOs) for frustrating the e-dividend mandate process, leading to rise in unclaimed dividends in the capital…
- 28 Jun 2017
SEC Says Investors Will Forfeit Multiple Subscriptions to Public Offers
Investors in the Nigerian capital market with multiple subscriptions for the same company’s public offers may forfeit their investment, the Securities and Exchange Commission (SEC), said yesterday.…
- 20 Nov 2023
SEC Partners NAICOM, CMOs in Enhancing Commodity Supply Contracts
The Securities and Exchange Commission (SEC) has said it is planning to collaborate with the National Insurance Commission (NAICOM) and Capital Market Operators (CMOs) to enhance commodity supply…
- 23 Apr 2018
Regulator, Market Operators Mull e-IPOs
A committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Central Securities and Clearing System(CSCS), and six other organisations have been set up to…
- 20 Oct 2025
Sunbeth Secures Historic License to Launch into Ghana’s Cocoa Market
Nigeria is once again re-entering the world’s second-largest producer of cocoa market, Ghana, after Sunbeth Global Concepts Limited gets a historic license as an international buyer of premium cocoa…
- 13 Aug 2021
Nigeria’s Unclaimed Dividends Hit N170Bn- SEC
Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020. Mr Lamido Yuguda, director-general,…
- 20 Jul 2025
SEC to Introduce USSD Codes to Fight Ponzi Schemes
Securities and Exchange Commission (SEC) is set to introduce a USSD Ponzi schemes and illegal investment activities in Nigeria. Dr. Emomotimi Agama, director-general of the SEC, disclosed this in an…
- 22 Mar 2019
MTN Yet to File Application for Listing on NSE- SEC
Securities and Exchange Commission (SEC), apex capital market regulator, has said that MTN Nigeria has not filed any application that could kick-start regulatory consideration of the proposed listing…
- 16 Aug 2017
SEC Says Electronic Annual Reports will Save Quoted Companies N1Bn
The Securities and Exchange Commission (SEC) yesterday said quoted companies would save one billion naira from the printing and dispatch of annual reports to shareholders. Mr Mounir Gwarzo,…
- 15 Aug 2021
BVN Responsible for Rise in Unclaimed Dividends- SEC
Security and Exchange Commission (SEC), has blamed the rise in unclaimed dividends from N158 billion in 2018 to N170 billion in 2021 to the introduction of the Bank Verification Number (BVN), which…
- 16 Nov 2018
SEC Extends Multiple Subscription Deadline to December 2019
The Securities and Exchange Commission (SEC) has extended the forbearance deadline for shareholders with multiple accounts to Dec. 31, 2019, from Dec. 31, 2018, for more investors to embrace the…
- 22 Aug 2022
SEC Pressures FG to Remove Corporate Bonds Tax
The Securities and Exchange Commission (SEC) has said that it is engaging with the federal government to reconsider the exemption of tax on corporate bonds and short-term securities. The federal…
- 25 Mar 2019
SEC Moves to Revive Margin Lending
The Securities and Exchange Commission, SEC, has said that plans are under-way to amend the rules on margin lending and resume activity in that space. Speaking at the first quarter post-Capital…
- 21 Aug 2024
SEC says Rule on Oversubscription of Banks’ Share Offers Not Cast in Stone
The Securities and Exchange Commission, SEC has said that the 15 per cent rule for absorption of over-subscription of share offers will not be rigidly applied to the share offers of banks under the…
- 12 Nov 2017
MTN to Offer Nigerians Shares, Lists on NSE May 2018
Nigerians willing to put their money in MTN Nigeria, may have to wait till May 2018 because Mr Rob Shuter, chief executive officer (CEO) of MTN Group, has said that the firm was making underground…
- 14 Apr 2023
SEC Vows to Protect Minority Interests in Capital Market
The Securities and Exchange Commission (SEC) has assured investors that the interest of minority shareholders would be protected during all transactions in the capital market. Mr. Lamido Yuguda, the…
- 24 Oct 2021
TECNO Backs NITRA Capacity Building Training
Phone maker, Tecno, has shown its commitment to the training and capacity building of ICT journalists in the country as they lend their support to a training workshop organised for ICT journalists…
- 28 Nov 2022
SEC to Create Centralized Portal for e-Dividend
The Securities and Exchange Commission (SEC) said it will create a centralised portal that will enable a seamless submission and processing of e-dividend mandate forms in a sustained effort to drive…
- 4 Apr 2017
Communications Professionals, Others Shine At 2017 CCAs Awards
The Corporate Communications Awards, the first of its kind award event in Nigeria aimed at celebrating outstanding achievements in Nigeria’s Corporate Communications industry held at the weekend in…
- 13 Sept 2018
SEC Plans to Regulate Technology Applications in Capital Market
In its desire to transition towards a technology driven capital market as well as protect investors, the Securities and Exchange Commission, SEC, has said that the Commission would soon come out with…
- 3 Dec 2025
SEC to Enhance Investor Engagement with USSD Code, ISS Audio
The Securities and Exchange Commission (SEC) is set to unveil two innovative products – a USSD Service and ISA Audio – designed to democratise information dissemination and enhance investor…
- 31 May 2016
Nigerian, Kenyan Elected President, Secretary General of APRA
Mr. Yomi Badejo-Okusanya, a strategic communications expert and PR practitioner has been elected President of Africa Public Relations Association (APRA), the continent’s Public Relations professional…
- 30 Jul 2014
Stakeholders Set For 1st Nigerian Lubricant Summit
Stakeholders are gearing up towards the promotion and development of the downstream sector of the Nation’s Oil and Gas Industry coupled with the need to enhance local content in the Petroleum Sector.…
- 19 Nov 2023
SEC Moves to Drive Infrastructure Financing
Lamido Yuguda, the Director-General of the Securities and Exchange Commission, has said that the commission will be focusing on infrastructure financing via the capital market in the new year. Yuguda…