Buhari Nominates Yuguda, Karausa, Boyi, Obi for SEC
The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr. Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
Also to be screened and confirmed are three nominees as...
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...
SEC Begins New Investors’ Identification Regime
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), will on April 1, begin enforcement of a new investors’ identification regime aimed at enhancing transparency in the capital market and forestall the recurring incidence of unclaimed dividend.
In a...
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...
