SEC Remits N1.5bn To FG, Assures Of Profitability In Two Years
Following comments attributed to the Nigerian Senate that the Securities and Exchange Commission (SEC) was gradually becoming insolvent and could go bankrupt very soon, Director-General, of the SEC, Mr. Lamido Yuguda has disclosed that...
Shareholders Disagree With SEC Over N170bn Unclaimed Dividend
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the use of the reported N170billion unclaimed dividend in the Nigerian capital market.
They expressed shock on N170billion reported by the Commission,...
Unclaimed Dividends In Capital Market Now N170bn — SEC
Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said the Securities and Exchange Commission (SEC).
The Director General (DG) of SEC, Mr Lamido Yuguda, stated this at the second post-Capital...
SEC Issues New Framework To Central Securities Depositories
The Securities and Exchange Commission has issued an interoperability/financial infrastructure link framework among central securities depositories to enhance the efficiency of trading, settlements and aligning the market with international best practices.
SEC said in a statement on Sunday...
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...
Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC
More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission.
The SEC data...
