30 results
- 13 Sept 2024
SEC Says 50 Crypto Exchanges have Applied for Licenses
Dr. Emonotimi Agama, director-general, Securities Exchange Commission (SEC), has disclosed that 50 cryptocurrency exchanges have applied for operational licences in the country. Agama who spoke…
- 5 Mar 2021
AfDB Group Provides $400,000 Grant for Securities and Exchange Commission of Nigeria
The African Development Bank Group yesterday signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market…
- 13 Apr 2025
SEC Bans Unregistered Digital Asset Exchanges, Online Forex Platforms
Securities and Exchange Commission (SEC) has banned digital asset exchanges or online foreign exchange trading platforms without formal registration. It highlighted that the newly enacted Investments…
- 4 Feb 2025
Blockchain Technology Will Aid Market Regulation – SEC
Dr. Emomotimi Agama, director-general, Securities and Exchange Commission (SEC), has emphasized that the deployment of blockchain technology will improve efficiency and aid the regulation of the…
- 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…
- 30 Oct 2024
SEC to Include Cybersecurity, AI in Curriculum Review - DG
Dr Emomotimi Agama, director general, Securities and Exchange Commission (SEC) has said that his commission is working to expand the capital market education curriculum for Nigerian universities to…
- 30 Jun 2024
Nigeria's Cryptocurrency Market Worth over $400m - SEC
Emomotimi Agama, director-general of the Security and Exchange Commission (SEC), has said that Nigeria’s cryptocurrency market is estimated to be worth over $400 million, with a significant portion…
- 26 Jan 2020
SEC to Descend on Illegal Fund Managers
Mary Uduk, acting director-general, Securities and Exchange Commission (SEC) has restated the determination of SEC to go after illegal fund managers and ensure they are made to face the full wrath of…
- 14 May 2015
Senate Confirms Gwarzo as SEC DG
The Senate on Wednesday confirmed Mallam Mounir Gwarzo as the substantive Director-General of the Securities and Exchange Commission, (SEC). A statement by SEC said the confirmation followed the…
- 5 Feb 2015
SEC to Review Framework for Complaints Management
Mr. Mounir Gwarzo, acting director general of the Securities and Exchange Commission (SEC), has said the commission is currently reviewing its complaints management framework to ensure that…
- 18 Jan 2016
E-dividend Will Reduce Infractions – SEC DG
Mounir Gwarzo, director general of the Securities and Exchange Commission (SEC) has described the e-Dividend platform as a game changer in the market that will ensure that infractions are reduced to…
- 27 Nov 2014
SEC Tasks Capital Market Operators
Arunma Oteh, Director General, Securities and Exchange Commission (SEC) has urged operators and experts in the nation’s capital market to introduce initiatives that would help …
- 26 Jun 2024
SEC, NGX Group Commit to Digital Transformation in Capital Market
Emomotimi Agama, Director General, Securities and Exchange Commission (SEC) and Temi Popoola, Group Managing Director/Chief Executive Officer, Nigerian Exchange Group Plc have reiterated the…
- 18 Nov 2022
SEC Charges LCFE, Other Commodities Exchanges on Investor Protection
The Securities and Exchange Commission (SEC) has urged Lagos Futures and Commodities Exchange (LCFE) and other commodities exchanges in the country to have investor protection at the centre of their…
- 24 Jul 2022
SEC Seeks Harmonized Exchange Rate to Attract Foreign Portfolio Investment
The Securities and Exchange Commission, SEC has advocated for a unified foreign exchange rate in order to attract Foreign Portfolio Investment, FPI into the country. The Commission said that the…
- 19 Aug 2021
SEC to Collaborate with Stakeholders on Capital Market Dispute Resolution
Mr. Lamido Yuguda, the Director-General of the Securities and Exchange Commission (SEC), has expressed the commission’s readiness to collaborate with relevant Alternative Dispute Resolution…
- 31 Jan 2018
FG Sacks Gwarzo, Orders Refund of N104m Severance Package
Kemi Adeosun, minister of Finance, on Tuesday insisted that the suspension of Mounir Gwarzo, director-general of Security and Exchange Commission (SEC) was valid. At an investigative hearing…
- 7 Mar 2018
SEC to Resume Forensic Audit of Oando Plc
Dr Abdul Zubair, acting director-general, Securities and Exchange Commission (SEC), has said it will resume forensic audit to probe Oando Plc based on petitions received by the commission from…
- 12 Jan 2015
Oteh, SEC DG Ends Tenure Today
Ms Arunma Oteh, director-general, Securities and Exchange Commission (SEC) will on today (Monday) officially bow out of office after spending the mandatory five years. She is expected to hand over to…
- 31 Dec 2019
SEC Advocates For Securities Lending To Deepen Liquidity In The System
The Securities and Exchange Commission, SEC, is advancing its advocacy for securities lending in the Nigerian capital market to deepen liquidity in the nation’s bourse as well as offer more returns…
- 9 Apr 2025
Nigeria to Exit Grey List Soon – SEC
Nigeria may soon exit the Financial Action Task Force (FATF) grey list, Emomotimi Agama, director-general, Securities and Exchange Commission (SEC), has said. Emomotimi Agama, DG, SEC This is with…
- 22 Jan 2020
eOffering Will Reduce Unclaimed Dividends – SEC
Ms. Mary Uduk, acting director-general of the Securities and Exchange Commission (SEC), has said that the introduction of electronic offering in the Nigerian capital market remains a major…
- 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…
- 23 Apr 2019
Panel Accuses Gwarzo of Awarding N33m Contracts to Personal Companies
Mounir Gwarzo, suspended Director General of Securities and Exchange Commission (SEC) allegedly awarded contracts to a company in which he is a director to the tune of N33m while in office. …
- 19 Apr 2018
Reps Okay Gwarzo’s Suspension as SEC DG
The House of Representatives considered the report of the Committee on Capital Market and Institutions on Wednesday and said the Suspension of Mr. Munir Gwarzo, former Director General of Securities…
- 9 Sept 2024
SEC Gives Reasons for Approving Digital Exchanges
The Securities and Exchange Commission (SEC) has clarified that its recent decision to grant approval-in-principle to two cryptocurrency exchanges, Busha Digital Limited and Quidax Technologies…
- 28 Jun 2022
Unclaimed Dividends Hit N180Bn
Unclaimed dividends by Nigerian stockholders reached N180 billion last December, according to Alhaji Lamido Yuguda, director-general, Securities and Exchange Commission (SEC). Yuguda, said that the…
- 31 Dec 2014
SEC Approves UBA’s Rights Issue
Securities and Exchange Commission (SEC) has approved the proposed rights issue of N13 billion for existing shareholders of UBA Plc. Mr. Obi Adindu, Communications adviser to SEC Director-General,…
- 3 Sept 2025
SEC Warns Nigerians against Online Platforms Dangling Unrealistic Financial Returns
Emomotimi Agama, director-general of the Securities and Exchange Commission (SEC), has warned Nigerians to beware of online platforms promising unrealistic financial returns. Emomotimi Agama, DG, SEC…
- 2 Dec 2024
SEC Flags Marino FX as Illegal Crypto Exchange
The Securities and Exchange Commission (SEC) has issued a public notice disowning Marino FX Limited, a company claiming to be a SEC-licensed cryptocurrency exchange. According to the regulatory body,…