30 results
- 5 Apr 2019
SEC Woos Youths to Invest in the Capital Market
Mary Uduk, acting director general of the Securities and Exchange Commission, (SEC) is encouraging Nigerian youths to invest in the capital market instead of indulging in gambling. Uduk said…
- 21 Oct 2019
SEC Thinkers with Crowdfunding Regulation
Securities and Exchange Commission (SEC), is working on a framework to regulate the use of crowdfunding by small businesses to raise capital, according to Ms. Mary Uduk, acting director-general of…
- 30 Jun 2019
SEC Urges Investors of Defunct Skye Bank to Claim their Dividends
Securities and Exchange Commission (SEC), has reiterated its earlier directives to shareholders of the defunct Skye Bank to claim their dividends. The Acting Director-General, SEC, Mrs Mary Uduk made…
- 29 Apr 2019
SEC To Review Capital Market Master Plan
Nigeria’s 10 year Capital Market Master plan is about to be reviewed to go along with current economic realities. Ms. Mary Uduk, Acting Director General of the Securities and Exchange Commission,…
- 11 Aug 2019
SEC Calls Out Promoters of Ponzi Schemes
Securities and Exchange Commission (SEC) has again warned Nigerians not to patronise anyone or company proposing unreasonably high returns. Ms Mary Uduk, acting director general of the agency,…
- 28 May 2020
SEC De-registers 84 Inactive Stockbrokers
The outgoing Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, Thursday, presented her scorecard, stating that under her leadership, the register of capital…
- 21 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…
- 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…
- 4 Dec 2018
SEC Launches Green Bond Rules
The Securities and Exchange Commission (SEC) officially launched the Green Bonds issuance rules at a ceremony on Monday. Speaking at the launch of the rules, Ms. Mary Uduk, Ag. Director-General, SEC…
- 17 Jun 2019
SEC, ACMAN, to Develop Benchmark for Capital Market Studies
The Securities and Exchange Commission and the Association of Capital Market Academics of Nigeria yesterday entered into a collaboration to develop curriculum for capital market studies in Nigeria.…
- 5 Apr 2020
SEC Moves to Prosecute, Close Down Ponzi Schemes
Securities and Exchange Commission (SEC) has stepped up its regulatory oversight to ensure that promoters of Ponzi schemes in Nigeria face the full wrath of the law and their entities quickly sealed…
- 26 Dec 2018
SEC Urges Investors on Collective investments, Mutual Funds
The Securities and Exchange Commission (SEC) has advised retail investors in the capital market to invest in Collective Investment Schemes and Mutual Funds to help reduce risk. The Acting…
- 11 May 2020
COVID-19: SEC Boosts Regulation With Fintech Platform
The Securities and Exchange Commission, SEC has said that it is leveraging the various opportunities available in the Fintech space to ensure proper regulation of the Capital market in the face of…
- 5 May 2020
SEC Urges Investors to Explore Opportunities in Capital Market
The Securities and Exchange Commission (SEC) has called on investors to explore opportunities inherent in the capital market to create wealth in the face of the Coronavirus pandemic. A statement by…
- 31 Oct 2013
States Raised N589Bn from Nation's Bourse in 14 years - SEC
State governments have raised N589 billion from the nation's bourse through bonds to finance infrastructure development in the last 14 years, the Securities and Exchange Commission (SEC) has said. Ms…
- 25 Nov 2018
SEC Pledges Commitment to Financial Inclusion for Economic Growth
The Securities and Exchange Commission (SEC) on Sunday restated commitment to pursue initiatives that would aid financial inclusion of Nigerians to grow the nation’s economy. Securities and Exchange…
- 4 Oct 2018
SEC Laments Number of Financially Excluded Nigerians
Securities and Exchange Commission (SEC) has lamented the non-participation of those in the grassroots in the financial sector, noting that this has affected the Gross Domestic Product (GDP) of the…
- 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…
- 20 Apr 2018
SEC Partners IFC, AFDB to Boost Sukuk Bond Investment
The Securities and Exchange Commission (SEC) yesterday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AfDB) for development of Sukuk bond investment.…
- 29 Nov 2018
SEC Reaffirms Commitment to Deepen Capital Market
Securities and Exchange Commission (SEC) in its moves to deepen the Nigerian Capital Market and bolster liquidity has reaffirmed its commitment to its 10-year master plan which began in 2014. Ms Mary…
- 16 May 2019
SEC Warns Nigerians Against Trending Ponzi Scheme
SEC Says ‘Loom Money Nigeria’ is a Fraudulent Scheme, Securities and Exchange Commission (SEC) has warned Nigerians against fraudsters currently running an online investment scheme tagged…
- 12 Nov 2018
SEC, NERDC Mull Capital Market Education Curriculum for Schools
The Securities and Exchange Commission (SEC) is working with the Nigerian Educational Research & Development Council (NERDC) to develop a capital market education curriculum for senior secondary…
- 29 Dec 2019
SEC Phases Out Unclaimed Dividends
The Securities and Exchange Commission, SEC, has said it has phased out unclaimed dividends in the Nigerian capital market, stating that henceforth, there would be no future unclaimed dividends on…
- 15 Mar 2020
SEC Capital Market Institute Expands Operations
Nigerian Capital Market Institute (NCMI) is to operate from three centres in Nigeria in a bid to providing excellent capital market education to stakeholders which will help deepen the Nigerian…
- 14 Aug 2019
SEC Moves to Protect Investors from High Charges
The Securities and Exchange Commission, SEC yesterday, disclosed that it is taking steps to reduce transaction costs in the Nigerian capital market, to shield investors from high charges. In a…
- 17 Jul 2019
SEC, NFIU Sign Agreement to Tackle Capital Market Fraud
The Securities and Exchange Commission, SEC, Wednesday, signed an agreement with the Nigerian Financial Intelligence Unit, NFIU, to eliminate suspicious transactions from the Nigerian capital market.…
- 19 May 2019
SEC Says WASRA Guidelines on Cross-border Issuance Ready
The draft guidelines on cross border issuance of fixed incomes and Mutual Recognition Agreement drawn up by the West African Securities Regulatory Authorities (WASRA) for the sub-region is ready, Ms.…
- 12 Jan 2020
SEC says Technology a Boost to Market Regulation
The Securities and Exchange Commission, SEC has appreciated the place of technology in capital market regulation, saying its has boosted efficiency in no small measure. To this end, it said it would…
- 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…
- 16 Apr 2018
SEC Boss Sacked for Disobeying Finance Minister
The federal government removed Abdul Zubair as acting director-general, Securities and Exchange Commission (SEC) for reportedly defying Kemi Adeosun, minister of Finance minister’s orders to lift the…