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Capital Market’s GDP Contribution Now 33% with N68.83trn Growth

Capital Market's GDP Contribution Now 33% with N68.83trn Growth   The contribution of the capital market to Nigeria’s Gross Domestic Product has increased from 13 per cent in April 2024 to about 33 per cent, according to the Director-General of the Securities and Exchange Commission, Dr...

SEC Commences Annual Registration Of Market Operators

SEC Commences Annual Registration Of Market Operators   In its effort to checkmate unethical practices amongst market operators, the apex regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC) has announced the commencement of an annual renewal of registration for operators. SEC made the...

SEC To Sanction Stakeholders Over Unclaimed Dividends

SEC To Sanction Stakeholders Over Unclaimed Dividends The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends. Mr Lamido Yuguda, the Director-General of SEC, said this at a post Capital Market Committee...

FG Pledges Support To Strengthen Capital Market

FG Pledges Support To Strengthen Capital Market The federal government has announced plans to strengthen Nigeria's Securities and Exchange Commission to make the country's capital market competitive on the global stage. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed made the commitment in...

SEC Moves To Resolve Identity Fraud In Capital Market

SEC Moves To Resolve Identity Fraud In Capital Market   The Securities and Exchange Commission (SEC) says that the Identity Management System being developed by the capital market will tackle the lingering identity fraud issues. This was stated by the Director General of the SEC, Mr. Lamido...

CBN, SEC, Others To Lift Financial Sector With Fresh N1.54trn Investment

CBN, SEC, Others To Lift Financial Sector With Fresh N1.54trn Investment     Federal Government Ministries, Departments and Agencies, especially financial services regulators are to invest N1.54tn in five years to boost liquidity in the financial services sector. According to the Federal Government National Development Plan 2021-2025, the...