Tag: SEC
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Update your data by July 31 or be de-registered, SEC warns erring companies, professionals
The Securities and Exchange Commission (SEC) has threatened to revoke the registration of about 400 capital market experts and professionals if they failed to comply with the directive to provide updated information of their companies by July 31, 2017. This was made known in a circular issued by the commission monday in Abuja. According to…
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SEC restates commitment to development of commodity exchanges
The Director-General, Securities and Exchange Commission, SEC, Mr Mounir Gwarzo, has restated the commission’s resolve to promote the development of Commodity Exchanges in the country. Gwarzo said this in a statement issued by Mr Naif Abdulsalam, the Director, Corporate Communication of SEC on Wednesday in Abuja. He said this when he received the New Exco…
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SEC, EFCC collaborate to enhance capital market operations
The Securities and Exchange Commission, SEC said it is collaborating with the Economic and Financial Crimes Commission, EFCC to enhance capital market operations in the country. the Director General of the Commission, Mr Mounir Gwarzo, said this in an interview with newsmen in Abuja. “This is a major game changer; in the past, SEC has…
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Don’t invest in Bitcoin, Onecoin, others, SEC warns Nigerians
The Securities and Exchange Commission, SEC on Thursday warned Nigerians who maybe considering responding to radio advertisements and other modes of solicitations for investments in crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies, to rescind their decisions as potential investors stand the chance of losing their monies. This…
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Web giant, Yahoo Inc. goes into extinction
Early web giant, Yahoo Inc., is following the path of AOL into extinction as Verizon Communications Inc. has confirmed concluded plans to acquire the once-loved-by-all tech firm for $4.8 billion in July, in an acquisition that will see the firm’s name changed to Altaba. Yahoo confirmed the development on Monday saying it will whittle down…