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SEC Guidelines Bring Transparency to Banks’ Recapitalisation – DG

SEC Guidelines Bring Transparency to Banks’ Recapitalisation – DG The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has stated that the guidelines issued by the commission before the banking recapitalisation exercise increased transparency of the process, making it easier for Nigerians to...

9.7% Interest on Dollar Bond Gains Oversubscription by $400m – Experts

9.7% Interest on Dollar Bond Gains Oversubscription by $400m - Experts Experts have attributed the oversubscription recorded in the first dollar-denominated domestic bond to the attractive yields of the $500m bond just as they called for judicious utilisation of the proceeds in critical sectors that...

SEC Puts Capital Market Operators on Notice Over Illegal Practices

SEC Puts Capital Market Operators on Notice Over Illegal Practices The Securities and Exchange Commission (SEC) says individuals and business entities engaging in activities contrary to regulations in the capital market and cryptocurrency space will face the law. Emomotimi Agama, director-general of SEC, spoke in a...

CBN,NDIC, SEC Partner To Simplify Bank Recapitalisation

CBN,NDIC, SEC Partner To Simplify Bank Recapitalisation The Central Bank of Nigeria (CBN) the Securities and Exchange Commission (SEC) and the Nigeria Deposit Insurance Corporation (NDIC) have joined forces to streamline the bank recapitalisation process, aiming to enhance efficiency and transparency within the financial sector. In...

‘Bank Recapitalisation Crucial For Economic Growth’

'Bank Recapitalisation Crucial For Economic Growth' The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a $1tn economy. He disclosed this at a recent forum in Abuja...

Senate to SEC: Uncover Unclaimed Dividend Owners

Senate to SEC: Uncover Unclaimed Dividend Owners The Senate Committee on Capital Market, the Security and Exchange Commission (SEC) and stakeholders in the capital market on Monday agreed to evolve practicable strategies to address the issue of unclaimed dividends in the country. The agreement was reached...