SEC Declares N2.5bn Surplus, Reduces Workforce By 30%   The Director General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has said the commission reduced its workforce by almost 30 per cent disclosing that at the end of the first half of 2022, it...

Reps Grills OAGF Over Failure To Provide Evidence Of 25% Of N6bn Generated By SEC   The House of Representatives Committee on Finance, yesterday, questioned the office of Accountant General of the Federation (oAGF) for failing to provide evidence of 25 per cent of N6 billion...

SEC Initiates Measures To Tackle Fraud, Unclaimed Dividends   The Securities and Exchange Commission (SEC) is planning to provide capital market participants with unique identifiers in order to reduce fraud and the quantum of unclaimed dividends, a statement by the commission on Sunday said. The Director-General, SEC,...

SEC Pegs Amount To Be Raised From Digital Currency Offers At N10bn   The Securities and Exchange Commission (SEC) has pegged the maximum amount to be raised from Digital Assets Offering within 12 months at N10 billion. The limit is contained in the Commission’s New Rules on...

SEC Workers Protest Unpaid Allowances, Others Aggrieved staff members of the Securities and Exchange Commission (SEC) on Thursday held hours-long protest at the headquarters of the commission to communicate their demands which they said the management of the agency has refused to address over time. During...

FBN Conundrum, an Abuse of Privilege? By Ademola Oyetunji Recent development at the nation’s premier commercial bank was both shocking and unexpected. Mind boggling though, but it has happened before. Boardroom rascality, a reminiscence of Intercontinental and Oceanic banks saga, where powerful management and shareholders leverage...