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Business

Nigeria’s Crypto Market Worth $400m As SEC Targets Speedy Adoption

The Securities and Exchange Commission (SEC) has said that the adoption of cryptocurrency will benefit the Nigerian economy as the market grows to over...
Business

SEC Approves Mandatory Takeover Of All Minority Shares Of International Energy Insurance By Norrenberger

The Securities and Exchange Commission (SEC) has approved the proposed mandatory takeoverof 634,212,476 ordinary shares of minority shareholders of International Energy Insurance Plc (IEI).The...
Business

Senate Committee Clears Agama As SEC DG

The Senate Committee on Capital Market has cleared Dr. Emomotimi Agama as the Director-General of the Securities and Exchange Commission.The Committee chaired by Senator...
Business

SEC To Issue Capital Market Framework On Banks Recapitalisation Soon –Ag. DG

The Securities and exchange Commission has said that it will soon issue a framework that will guide the capital market in the proposed recapitalisation...
Business

After Five Consecutive Years Of Losses, International Breweries Gets SEC Approval To Raise N588bn

International Breweries Plc has received approval from the Securities and Exchange Commission to raise funds through the right issue of 161,172,395,100 to existing shareholders.The...
Business

Auditors Raise Alarm Over Jaiz Bank’s Breach Of SEC, CAMA Rules

Deloitte, the external auditor of Nigeria’s oldest non-interest bank, Jaiz Bank Plc has raised concern over the lenders’ non-compliance to regulatory provisions in its...
Business

Unapproved Issuance Of Securities To Attract N10m Penalty- SEC

Any person who issues or allots securities without the prior approval of the Securities and Exchange Commission, or violates any provisions of the Commission’s...
Business

SEC to delist naira from P2P platforms in crypto crackdown

By: Babajide OkeowoIn its continued crackdown against cryptocurrency platforms and a bid to checkmate the manipulation of the local currency value in the foreign...
Business

SEC Workers Seek Commission’s Exemption From 50% Operating Surplus Remittance

The Association of Senior Civil Servants of Nigeria, SEC Unit has hailed the decision of President Bola Tinubu in reconstituting the Board of the...
Business

Shareholders Set Agenda For Newly Appointed SEC DG, Management Team

Stakeholders in the Nigerian capital market, have applauded the President Bola Ahmed Tinubu-led Federal Government on the decision to appoint new management and board...
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