SEC Remits N1.5bn To FG, Assures Of Profitability In Two Years         Following comments attributed to the Nigerian Senate that the Securities and Exchange Commission (SEC) was gradually becoming insolvent and could go bankrupt very soon, Director-General, of the SEC, Mr. Lamido Yuguda has disclosed that...

Unclaimed Dividends In Capital Market Now N170bn — SEC     Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said the Securities and Exchange Commission (SEC). The Director General (DG) of SEC, Mr Lamido Yuguda, stated this at the second post-Capital...

AfDB Offers SEC $400,000 Grant for Capital Market Devt     The African Development Bank (AfDB) Group last Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) of Nigeria to strengthen securities markets regulation and broaden market instruments. The funds will go towards strengthening...

States Borrow N900bn From Capital Market         The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900 billion from the capital market since 1978. The Director General, SEC, Mr Lamido Yuguda, disclosure this at a webinar organised by...

SEC Restates Commitment To Reducing N158bn Unclaimed Dividends     The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda, has said the commission is renewing its commitment towards tackling the issue of unclaimed dividends in the nation’s capital market. Speaking at the first post Capital...

In Three Years, SEC Under-remits Over N4.721bn       The Securities and Exchange Commission (SEC) under remitted N4.721billion over three years into the coffers of the Federal Government, it was gathered yesterday. This was the discovery of the Hon James Faleke-headed House of Representatives joint committee on Appropriations,...