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N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market – SEC DG

N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market - SEC DG   Nigerian banks have so far raised N2.4 trillion through the capital market in the ongoing recapitalisation of the banking sector directed by the Central Bank of Nigeria (CBN). Director-General of the Securities and...

NIPSS Goes Digital: Launches Paperless Platform After Submitting Landmark Report to President Tinubu

NIPSS Goes Digital: Launches Paperless Platform After Submitting Landmark Report to President Tinubu Weeks after presenting its comprehensive report on Nigeria’s digital economy to President Bola Ahmed Tinubu, the National Institute for Policy and Strategic Studies (NIPSS) has unveiled a cutting-edge paperless web-based E-Classroom platform....

SEC Commits to Closing Financial Gap for Women

SEC Commits to Closing Financial Gap for Women The Securities and Exchange Commission (SEC) has reaffirmed its commitment to ensuring that women—whether traders, entrepreneurs, professionals, or investors—have equitable access to financial services, investment opportunities, and the necessary tools to build sustainable wealth. Speaking at the She’s...

Nigeria’s Investment Schemes Rise N3tn

Nigeria's Investment Schemes Rise N3tn The Securities and Exchange Commission has reported an increase in collective investment schemes, which have now surpassed N3tn in 2024. The Director-General of the SEC, Emomotimi Agama, revealed this during an interaction with journalists in Abuja on Wednesday. He explained that CIS...

Banks, Others Generated N2.7trn From Capital Market – SEC

Banks, Others Generated N2.7trn From Capital Market – SEC The Securities and Exchange Commission (SEC) on Monday revealed that banks and other companies raised a total sum of N2.7trn from the capital market in the first 11 months of 2024. It said the substantial sum was...

CBN, SEC Sanction Access Bank, UBA, Others for Forex Violations

CBN, SEC Sanction Access Bank, UBA, Others for Forex Violations The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned 10 banks for violations of foreign exchange guidelines and other regulatory offences. These regulatory agencies responsible for overseeing the activities of Deposit Money...