30 results
- 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…
- 1 Aug 2021
SEC Inaugurate Securities Issuers Forum
Securities and Exchange Commission (SEC) in collaboration with the Nigeria Employers’ Consultative Association (NECA) is set to inaugurate the Securities Issuers Forum (SIF) via webinar. This was…
- 14 Aug 2022
SEC Approves New Window for Fixed Income Securities
The Securities and Exchange Commission (SEC) has approved the Nigerian Exchange Limited (NGX)’s guidelines on Trade Execution via the exchange’s On-Manual Negotiated Deal Window for fixed income (FI)…
- 10 May 2024
SEC Issues Rules on Issuance, Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC) has unveiled new rules on Issuance and Allotment by Private Companies Securities. The rules declared that any person who issues or allots securities…
- 9 Dec 2025
SEC Urges IST to Freeze all CBEX Bank Accounts in Nigeria
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of all bank accounts belonging to Crypto Bridge Exchange (CBEX) and other…
- 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…
- 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 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…
- 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…
- 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,…
- 18 Nov 2019
SEC Mulls Rule Protect Investors, Stockbrokers from Risks, Losses
Securities and Exchange Commission (SEC) is proposing a new rule to look into the associated with stockbroking operations and protect investors in the event of the occurrence of the risk or loss…
- 27 Aug 2024
SEC Issues First License to Quidax, Local Crypto Exchange
Securities and Exchange Commission (SEC) has issued Quidax, an Africa-based crypto exchange, its first provisional operating license. The development signals the beginning of formal recognition and…
- 18 Apr 2025
How CBEX Operators ‘Enticed’ Victims –SEC
Securities and Exchange Commission (SEC) says preliminary investigations revealed that Crypto Bridge Exchange, aka CBEX, engaged in promotional activities to create a ‘false perception of legitimacy’…
- 16 Aug 2022
SEC Reiterates Commitment to Investor Protection
Securities and Exchange Commission (SEC) has restated that the protection of investors in the capital market is a top priority to it. Mr. Dayo Obisan, executive commission Operations of the SEC,…
- 20 Jan 2017
EFCC, SEC Join Hands to Fight MMM, Others
Economic and Financial Crimes Commission (EFCC), and the Securities and Exchange Commission, (SEC), on Thursday in Abuja vowed to clamp down on fraudulent operators in the Nigerian capital market.…
- 16 May 2022
SEC Affirms All Digital Assets as Securities in New Rulebook
Securities and Exchange Commission (SEC) has released a set of new regulations guiding the issuance, exchange and custody of digital assets in Nigeria. The regulations, among others, provide that…
- 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…
- 1 Sept 2024
US SEC Orders Mmobuosi Ex Tingo Boss to Pay over $250m in Securities Fraud Case
United States Securities and Exchange Commission (SEC) has secured a default judgment against Odogwu Dozy Mmobuosi, former CEO of Tingo Group, and three companies affiliated with him, resulting in…
- 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…
- 26 Nov 2019
SEC Approves 15 New Securities Worth N154.62bn in Q3
The Securities and Exchange Commission approved new securities worth N154.62 billion in the third quarter of 2019. The commission disclosed this in its current Nigerian Journal of Securities Market.…
- 23 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…
- 6 Jul 2021
SEC Introduces Uniform Standards for Depositories
Securities and Exchange Commission (SEC) has issued an interoperability and financial markets infrastructure link framework among central securities depositories to enhance the efficiency of trading…
- 24 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…
- 10 Jan 2024
SEC Grants NASD Approval to Launch Digital Securities Platform
The Nigerian Securities and Exchange Commission (SEC) has granted approval to NASD Plc to launch its Digital Securities Platform (N-DSP). The N-DSP is powered by Blockstation, under the Regulatory…
- 15 Nov 2023
SEC Suspends Nigeria’s Tingo Group Shares over Fraud Allegations
United States Securities and Exchange Commission (SEC) has suspended trading in the securities of Tingo Group- Nigerian agri-fintech, amid allegations of fraud, particularly concerns about the…
- 24 Apr 2025
Report Suspected Illegal Investment Schemes to SEC
Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investment schemes to the commission for proper investigation and necessary action. This is in the light…
- 26 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…
- 28 Feb 2019
Why Dantata Was Sacked from Capital Market – SEC
Securities and Exchange Commission (SEC), has further clarified why it has to come down hard on Dantata Success and Profitable Company (DSPC). Explaining in release, the Commission said that…
- 2 May 2021
SEC Disowns Fake Websites Recruiting Staf
Securities and Exchange Commission (SEC) has denied conducting any recruitment exercise as being circulated in several websites and blogs purportedly associated to it. The Commission, in a statement…