SEC Vows To Sanction Erring Capital Market Operators   The Securities and Exchange Commission has vowed to apply stiff sanctions to any capital market operators who engage in unethical conduct. The Director-General, SEC, Mr Lamido Yuguda, said the commission had resolved to intensify monitoring and surveillance of...

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

CBN, SEC In Talks On Crypto Market Regulation       The Securities and Exchange Commission has said it is in discussion with the Central Bank of Nigeria on how to better understand and regulate the cryptocurrency market in the country. SEC said on Thursday that it would continue...

SEC Lists Benefits Of Non-interest Capital Market       The Securities and Exchange Commission (SEC) has described the non-interest capital market sector as a unique asset class that is capable of deepening the financial system and stimulating economic growth. This was stated by the Director-General of the Commission,...

Over 3m Nigerians Lost N18bn To Ponzi Schemes – SEC       Over three million Nigerians have lost about N18bn through Ponzi schemes, the Securities and Exchange Commission stated on Tuesday. Director-General, SEC, Lamido Yuguda, said this during a webinar organised by the commission. Ponzi schemes are fraudulent investing...

CBN, SEC Anchor Cryptocurrency Ban On Financial System Protection     The Central Bank Governor, Mr Godwin Emefiele, on Tuesday said the bank’s decision to prohibit deposit money banks, non-banking institutions and other financial institutions from facilitating trading and dealings in cryptocurrency was in the best interest of...