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Oando, SEC Face-off Drags Stock Market’s Indices By 2.05%

Oando, SEC Face-off Drags Stock Market’s Indices By 2.05% The nation’s equity market closed trading on a volatile note last week, consolidating three consecutive sessions of losses after the two-day public holiday for Eid Mubarak. The consistent downturn during the sessions, which pulled the All-Share Index...

SEC, EFCC Pledge to Tackle Economic Crime in Capital Market

SEC, EFCC Pledge to Tackle Economic Crime in Capital Market The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating economic crime in the Nigerian capital market. This agreement was reached when the Management of the...

Court Orders Reinstatement Of Suspended SEC DG, Gwarzo

Court Orders Reinstatement Of Suspended SEC DG, Gwarzo   The National Industrial Court, Abuja on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended Director-General of the Securities and Exchange Commission (SEC), back to his position. Justice Sanusi Kado, in his judgment, held that the Minister...

SEC, NSE Reorganize Processes to boost market listing

SEC, NSE Reorganize Processes to boost market listing The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have reorganized the processes involved in the listing on the nation’s stock market for more efficiency and cost effectiveness. A statement made available to Economic Confidential...

NSE Receives New Rules For Trading Of Shares From SEC

NSE Receives New Rules For Trading Of Shares From SEC The Nigerian Stock Exchange (NSE) Wednesday said it has received the approval of the Securities and Exchange Commission (SEC) to some rules and amendments of existing ones aimed at making trading on the stock exchange...

SEC Awaits Telcom Giant, MTN’s Application To List On NSE

SEC Awaits Telcom Giant, MTN’s Application To List On NSE The Securities and Exchange Commission (SEC) last Friday said it was still awaiting the formal application of telecommunication giant, MTN to list its shares on the Nigerian Stock Exchange (NSE). The telco recently said its shares...