30 results
- 12 May 2026
National Assembly to Review National Data Protection Act
Sen. Afolabi Salisu, the Chairman, Senate Committee on ICT and Cyber Security, has said efforts were ongoing to review the National Data Protection Act (2023) to meet emerging threats associated with…
- 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…
- 6 Feb 2014
SEC Shuts Down New Nation Fund Managers, Wonder Bank
Securities and Exchange Commission (SEC) has sealed-off 36 offices of New Nation fund managers, an alleged a wonder bank in a bid to protect innocent investors from falling into wrong investment…
- 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 Jun 2024
IHS Nigeria, NSCDC’s synergy on protection of critical national assets and infrastructure
By Lere Ojedokun A secure environment is essential for political, economic and social activities to flourish in every society. It enables the government to focus on formulation of policies that can…
- 7 Jul 2025
Nigerian Investors Launch $5b Cooperative Trust Fund for MSMEs
A group of Nigerian investors has launched a $5 billion Cooperative Trust Fund aimed at building and strengthening micro, small, and medium-scale enterprises (MSMEs) across the country, in a bid to…
- 16 Jul 2026
SEC Begins Drive to Recover Unclaimed Dividends
Securities and Exchange Commission (SEC) has commenced a nationwide enlightenment campaign to help Nigerians recover unclaimed dividends and other monies arising from capital market transactions. The…
- 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…
- 8 Apr 2015
SEC Moves to Strengthen Regulation of Nigeria’s Capital Market
The apex Regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC), has released new rules and amendments to existing rules covering a wide range of areas including the…
- 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,…
- 18 Jan 2010
CBN Promises Strict Regulation of Banks
The Central Bank of Nigeria (CBN) said it will implement strict regulation and supervision on banks to ensure that they do not fail. Lamido Sanusi, the CBN governor said, “The apex bank…
- 9 Jan 2017
NSA Intervenes to Protect Telecom Infrastructure
National Security Adviser (NSA) has intervened by issuing a directive to state governors to advice their revenue agencies to stop closure of telecommunications base stations on the basis of revenue…
- 2 Oct 2014
UBA Capital Unveils Online Trading Platform
UBA Capital, has launched the first online trading platform with real time investment account funding functionality, as part of its commitment to attract more retail investors’ participation through…
- 7 Aug 2025
NCC Calls for Unified Action to Protect Nigeria’s Telecom Infrastructure at CNII Conference
Nigerian Communications Commission (NCC) has called for unified action among all stakeholders to protect Nigeria’s telecom infrastructure, underscoring the urgent need to safeguard the nation’s…
- 6 Aug 2026
SEC Unveils Probate/Unclaimed Monies Clinic to Help Families Recover Inherited Investments
Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and other dormant investment assets by launching a Probate/Unclaimed Monies Awareness and Investor Clinic…
- 5 Dec 2013
Foreign Investment in Capital Market Hits $15Bn
Dr Doyin Salami, an Economist with the Lagos Business School, has said that the foreign portfolio investment in the nation’s capital market has reached 15 billion dollars (N2.36 trillion) in 2013.…
- 5 Nov 2025
Nigerian Lawmakers Engage Crypto Stakeholders on Landmark Regulatory Framework
The House of Representatives Ad-Hoc Committee on the Economic, Regulatory and Security Implications of Cryptocurrency Adoption and Point-of-Sale (POS) Operations in Nigeria recently held a crucial…
- 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,…
- 18 Feb 2026
Africa’s Active Data Centres' Capacity on Back Foot, Despite Investment Push
With its meteoric rise in data centre development and it accounting for 20% of the global population, Africa still only has 0.6% of global data centre capacity. This is based on the 2026 Economic…
- 10 Jun 2024
SEC Approves Nigeria's First Naira-Denominated Private Debt Fund
Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria's first Naira-denominated Private Debt Fund. From left: Debt Fund Portfolio Manager, FCMB Asset…
- 10 Feb 2017
AMCON Takes Over Arik Air, Says Airline ‘Overwhelmed’
The Asset Management Corporation of Nigeria (AMCON) on Thursday announced the takeover of operations of Arik Airlines, appointing Capt. Roy Ukpebo Ilegbodu, a veretan aviation expert as manager,…
- 7 May 2024
Agama, New SEC Boss Goes Tough on Illegal Trading
Securities and Exchange Commission (SEC) has said that it will go all out to act decisively to uphold the integrity of the capital market and protect the interests of all investors. This is in a bid…
- 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 Aug 2025
NIIRA 2025, New Law Offers N2m Medical Compensation for Uninsured Accident Victims
Nigerian Insurance Industry Reform Act (NIIRA) 2025, the new insurance law, has provided up to N2 million in medical compensation for victims of road accidents involving uninsured vehicles. This law…
- 19 May 2025
Nigeria to Launch 4 Satellites for Surveillance, Others
Federal Executive Council (FEC) has approved the launch of four satellites aimed at strengthening Earth observation capabilities and improving national security, according to Uche Nnaji, minister of…
- 17 Aug 2016
Step Down 9% Service Tax Bill, Telecoms Industry Overtaxed- ATCON
The Association of Telecommunications Companies of Nigeria (ATCON) has commended the Lagos Chamber of Commerce & Industry’s (LCCI) dialogue session on the Proposed 9% Communication Services Tax…
- 12 Jul 2026
How Ponzi Scheme Victims can Seek Legal Remedies — Lawyers
Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges. A Ponzi scheme is an investment fraud…
- 25 Nov 2021
SEC Pledges Crackdown on Ponzi Schemes, Illegal Fund Managers
The Securities and Exchange Commission has vowed to continue to crack down on Ponzi schemes and illegal fund managers amid the recent resurgence of their activities. Mr Lamido Yuguda, the…
- 13 Feb 2015
SEC, NAICOM Pledge Collaboration to Sanction Erring Companies
Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM) will collaborate for better enforcement against insurance companies who misappropriate funds raised from the…
- 24 Feb 2023
SEC, Pencom to Collaborate in Deepening Commodities Ecosystem
The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the National Pensions Commissions (Pencom) on areas that would assist in further deepening the commodities…