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...

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...

SEC, Stakeholders Collaborate on Master Plan Implementation By Lance Momodu Jnr The Securities and Exchange Commission (SEC), is to involve appropriate stakeholders on the implementation of its 10-year Capital Market Master Plan (CMMP). Categorically, the engagements would be contingent on E-Dividend registration and Multiple Accounts regularisation in...

SEC Okays NSE Rulebook On Derivatives Market   The Securities and Exchange Commission has approved the Nigerian Stock Exchange’s rulebook on derivatives market. The NSE said the rulebook was approved on Monday, August 19, 2019. It said the draft rules were presented to the Rules and Adjudication Committee...

SEC, NFIU Sign MoU To Tackle Fraud, Ponzi Schemes   The Securities and Exchange Commission (SEC) and the Nigerian Financial Intelligence Unit (NFIU) have signed a Memorandum of Understanding to collaborate in combating crime in the Nigerian capital market and to ensure that suspicious transactions are...