How $26bn was Diverted Through Binance in One Year – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said the apex is working with Securities and Exchange Commission (SEC) to ride the forex market of all illegalities.
Cardoso said the...
Collective Investment Funds Now N2.1trn – SEC
The Director General of the Securities and Exchange Commission (SEC) Lamido Yuguda, has said the amount of Collective Investment Scheme funds held in custody has hit N2.1tn as of the end of October 2023 from N1.1tn at the...
CBN, SEC to Develop Joint regulatory framework for ICOs, Stablecoins
The Central Bank of Nigeria recent report has revealed its effort to create a regulatory framework for potential implementations of stablecoins.
The document titled “Nigeria Payment System Vision 2025” includes provisions for regulating initial coin offerings...
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
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
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...
