Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC       More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission. The SEC data...

FBN Conundrum, an Abuse of Privilege? By Ademola Oyetunji Recent development at the nation’s premier commercial bank was both shocking and unexpected. Mind boggling though, but it has happened before. Boardroom rascality, a reminiscence of Intercontinental and Oceanic banks saga, where powerful management and shareholders leverage...

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 warns Firms Dealing on Illegal Foreign Investment The Securities and Exchange Commission (SEC) has warned Nigerian investors against patronising unregistered online investment and trading platforms, which boast of facilitating access to securities, listed in foreign markets. In a circular just released, the Commission noted the...

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...

SEC, CBN To Work On Digital Assets Regulation     Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has reached an understanding with the Central Bank of Nigeria (CBN) to develop an appropriate regulatory framework for digital assets in line with the mandates of the...