Oando Disagrees With SEC On AGM Suspension Oando Plc has said it stands to lose significant shareholder funds following the suspension of its Annual General Meeting by the Securities and Exchange Commission. The oil firm’s share price fell further at the end of trading on the...

SEC Suspends Oando’s AGM The Securities and Exchange Commission has notified the public that further to the ex-parte order of the Federal High Court, Ikoyi Lagos in Suit No: FHC/L/Cs/910/19, the Annual General Meeting (AGM) of Oando Plc scheduled to hold on Tuesday, June 11,...

SEC Warns Against Unethical Practices In Capital Market The Securities and Exchange Commission (SEC) has warned some operators in the Nigerian capital market to desist from practices that violate rules and regulations in the market. The commission in a statement on Monday, said its attention had...

SEC Supports FG’s Revenue Generation Initiative The Securities and Exchange Commission has pledged to work with the steering committee for Project Lighthouse initiative recently inaugurated by the Minister of Finance, Mrs Zainab Ahmed. The acting Director-General, SEC, Ms Mary Uduk, who commended the initiative, expressed the...

SEC Moves To Ban Firms From Sharing Gifts At AGMs The Securities and Exchange Commission (SEC) is making move to stop listed companies from distributing gift items at annual general meetings (AGMs). The capital market regulator is also ensuring that quoted companies do not convene any...

MTN Files Application For Public Listing With NSE, SEC MTN Group Plc has filed an application for public listing with the Securities and Exchange Commission and the Nigerian Stock Exchange. The company applied for registration of shares and a listing on the NSE. SEC confirmed in a...