Mutual Funds To Hit N1.5trn 2020 – SEC   The Securities and Exchange Commission has said that Collective Investment Scheme in the nation’s capital market may hit over N1.5tn before the end of this year. The CIS, also known as mutual funds, is an arranged pool of...

WASRA Seeks Funds For Infrastructure   The West Africa Securities Regulators Association has stated its key mandate of providing the necessary regulatory platform for capital market operators to play a major role in mobilising funds. The acting Director-General, Securities and Exchange Commission, Nigeria, Ms Mary Uduk, said...

Major Capital Market Products Remain Untapped, SEC Says   The acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, has said major capital market products remain untapped. Uduk, while speaking during a capital market conference held in Lagos on Wednesday, said capital markets across the world had...

SEC To Offer Simplified Measures On Merger Procedures For Listed Firms   The Securities and Exchange Commission has announced its partnership with the Federal Competition and Consumer Protection Commission to introduce simplified measures on the processes of mergers of companies in Nigeria. According to a statement on...

Unclaimed Dividend: 2.7m Investors Sign-up For E-dividend   The Securities and Exchange Commission says a total of 2.7 million investors have been captured under the Electronic Dividend Mandate Management System. The acting Director-General, SEC, Ms Mary Uduk, while speaking at the press briefing after the second quarter...

SEC Moves To Reduce Cost Of Capital Market Transaction The Securities and Exchange Commission says it is taking steps to reduce transaction costs in a bid to ensure that investors do not bear unnecessary costs. The acting Director-General, SEC, Ms Mary Uduk, while speaking during a...