SEC Advises State Govts On Developmental Projects To Boost IGR   The Securities and Exchange Commission has advised state governments to establish companies for specific projects to boost their Internally Generated Revenue. The acting Director-General, SEC, Ms Mary Uduk, gave the advice while speaking at the Federation...

Investments In Mutual Funds Reaches N956.7bn In 11 Months   Total investment in mutual funds has grown to N956.7bn as of December 6, 2019. Data obtained from the Securities and Exchange Commission on Thursday showed the value of mutual funds increased by 53.91 per cent from N621.6bn...

Foreign Investment In Equities Rises To $9.48bn   The value of foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June 2017 and June 2019. Data obtained from the Securities and Exchange Commission on Wednesday showed that foreign direct investment in equities stood at...

SEC Wants NNPC, Others To List On NSE   The Securities and Exchange Commission is looking to attract more oil and gas firms, including the Nigerian National Petroleum Corporation and the Nigeria LNG to the Nigerian Stock Exchange. SEC also said it had started discussing with some...

In Three Years, Listed Firms Raise N768.7bn Capital   companies that are publicly listed in the capital market have raised a total of N768.7bn capital in the last three years. Data obtained from the Securities and Exchange Commission showed that these firms are listed on the Nigerian...

13 States Generate N346bn From Bonds   A total of 13 states raised N346bn revenue from bonds between 2013 and 2017, data obtained from the Securities and Exchange Commission showed. An analysis of the data revealed that Lagos State Government topped the list with a total of...