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SEC Reports N1.1trn Dividends for Listed Companies in 2024

The Securities and Exchange Commission (SEC) says listed companies declared dividends totalling N1.1 trillion to shareholders in 2024, and N1 trillion of that amount has already been paid.

Operating Unregistered Digital Trading Illegal – SEC

The Securities Exchange Commission (SEC) has outlawed unregistered operations of digital asset exchanges and online foreign exchange (FX) trading platforms under the new Investments and Securities Act (ISA) 2025.

N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market – SEC DG

N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market - SEC DG   Nigerian banks have so far raised N2.4 trillion through the capital market in the ongoing recapitalisation of the banking sector directed by the Central Bank of Nigeria (CBN). Director-General of the Securities and...

Banks, Others Generated N2.7trn From Capital Market – SEC

Banks, Others Generated N2.7trn From Capital Market – SEC The Securities and Exchange Commission (SEC) on Monday revealed that banks and other companies raised a total sum of N2.7trn from the capital market in the first 11 months of 2024. It said the substantial sum was...

Recapitalisation: Five Banks’ Shares Oversubscribed — SEC DG

Recapitalisation: Five Banks’ Shares Oversubscribed — SEC DG   The Director-General of the Securities and Exchange Commission (SEC) Dr Eromomotimi Agama, has stated that the five banks that tapped the market to raise fresh capital were oversubscribed. This was disclosed in a report by Bloomberg on Monday...

SEC Guidelines Bring Transparency to Banks’ Recapitalisation – DG

SEC Guidelines Bring Transparency to Banks’ Recapitalisation – DG The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has stated that the guidelines issued by the commission before the banking recapitalisation exercise increased transparency of the process, making it easier for Nigerians to...