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 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   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 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...

SEC Puts Capital Market Operators on Notice Over Illegal Practices The Securities and Exchange Commission (SEC) says individuals and business entities engaging in activities contrary to regulations in the capital market and cryptocurrency space will face the law. Emomotimi Agama, director-general of SEC, spoke in a...

'Bank Recapitalisation Crucial For Economic Growth' The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a $1tn economy. He disclosed this at a recent forum in Abuja...