Securities and Exchange Commission (SEC) has launched investigation into alleged multi-million Naira shares fraud involving a stockbroking firm, WT Securities Limited, in another high-profile case after the apex capital market regulator indicted and banned two BGL companies from the capital market. In a preliminary indictment...

The Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) have inaugurated a committee for the nation’s first sovereign “Sukuk”. Sukuk is an Islamic financial certificate, similar to a bond in Western finance that complies with the Islamic religious law, Sharia. Mr Mounir Gwarzo,...

Nigerian capital market will be making a good history in Africa with its e-dividend initiative as investors are to get value for dividend paid within 24 hours through the electronic dividend payment platform. The Director General of Securities and Exchange Commission (SEC), Mounir Gwarzo, who...