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Buhari Commends CBN, NDIC, SEC, Others On Financial System Stability

Buhari Commends CBN, NDIC, SEC, Others On Financial System Stability   President Muhammadu Buhari yesterday commended the Central Bank of Nigeria (CBN), alongside the Nigeria Deposit Insurance Corporation (NDIC), the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC), including other critical stakeholders for...

ICPC Arraigns SEC Official for Receiving N4.4m Bribe

ICPC Arraigns SEC Official for Receiving N4.4m Bribe   The Independent Corrupt Practices and Other Related Offences Commission (ICPC), has docked a staff member of the Securities and Exchange Commission (SEC), Mr. Oleghe Nelson, for allegedly receiving N4.4 million kickbacks from contractors. The Commission in an 8-count...

Fed Govt To Partner CBN, SEC On National Savings Scheme

Fed Govt To Partner CBN, SEC On National Savings Scheme   The Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the Working Group, with a pledge to collaborate with stakeholders in implementing the recommendations. The working group...

SEC, EFCC Partner On Capital Market Fraud

SEC, EFCC Partner On Capital Market Fraud   The Securities and Exchange Commission announced on Wednesday that it had engaged the staff of the Economic and Financial Crimes Commission on capital market training in a bid to tackle financial crimes in the market. SEC described the training,...

36 Firms Delisted From Stock Market In Five Years

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

SEC Targets $85bn Global Social Bonds Market

SEC Targets $85bn Global Social Bonds Market       The Securities and Exchange Commission, SEC, has commenced moves to ensure that Nigeria and Nigerians benefit from the fast growing global social bonds market currently estimated at $85 billion. Social bonds are types of debt issues which proceeds are...