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 says N29bn Claimed Via Accounts Harmonization The Securities and Exchange Commission has stated that about N29bn of unclaimed dividends have been claimed by investors through the introduction of harmonization of multiple accounts. The SEC introduced the regularisation of multiple accounts in 2015 where it requests...

SEC Extends Deadline To File Quarterly Financials       The Securities and Exchange Commission has extended the deadline for market operators to file quarterly financial statements for the period ended September 30, 2020 to 30-day grace period. The extension became necessary following the disruption of business operations across...

SEC's Head of Corporate Communication Buries Father. The Head of Corporate Communications of the Securities and Exchange Commission(SEC) Mrs Efe Ebelo just concluded the burial rites of her late Father, Bishop Diamond Emuobor. Bishop Diamond Emuobor, a popular cleric, was Founder of Trinity Gospel Mission, Warri...

FG Arraigns Dantata Success Promoters Over N2bn Fraud       The Federal Government has arraigned Dantata Success and Profitable Company and their promoters before the Federal High Court in Abuja for investment fraud amounting to over N2bn. According to a statement from the Securities and Exchange Commission, those...

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...