Tag: SEC
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SEC warns Nigerians not to do business with Marino FX
The Securities and Exchange Commission (SEC) has cautioned the public against conducting business with Marino FX Ltd., saying the company is not registered or licensed to operate in Nigeria’s capital market.
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Banks, others raise N2.7trn via rights, public issuance
The Securities and Exchange Commission (SEC) says more than N2.7 trillion has been raised in the capital market by banks and other companies.
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Ponzi schemes growing at alarming rate in Nigeria – SEC warns
The Securities and Exchange Commission (SEC) says Ponzi schemes in the country’s market is continuously growing on a daily basis.
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ISB proposes N20m fine for Ponzi scheme operators
The Securities and Exchange Commission (SEC) says the Investments and Securities Bill (ISB) 2024 is proposing a penalty of not less than N20 million or 10 years imprisonment or both for Ponzi scheme operators.
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Why we approved crypto exchanges – SEC
The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give Nigerian youths the opportunity for capital market participation. NAN reports that SEC, on Thursday, granted Busha Digital Ltd., and Quidax
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SEC officially accepts two cryptocurrency firms to operate in Nigeria
The Securities and Exchange Commission (SEC), has officially granted operational approvals to several crypto operators, indicating an acceptance of the digital currency.
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Two cryptocurrency firms granted approval to operate in Nigeria
The Securities and Exchange Commission (SEC) has granted two digital assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program (ARIP). Ms Efe Ebelo, the spokesperson of the commission announced this in a statement on Thursday in Lagos.
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SEC approves Access Holdings N351bn rights issue
The Securities and Exchange Commission (SEC) has approved the commencement of the N351 billion rights issue capital raising programme of Access Holdings Plc.
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SEC Director reveals how Binance breached Nigerian laws
A Director with the Security and Exchange Commission (SEC), Abdulkadir Abbas, on Friday, told a Federal High Court, Abuja how Binance Holdings Ltd breached the Nigerian law to operate naira peer-to-peer services in exchange of crypto assets.
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Tinubu seeks confirmation of 4 board members of SEC
President Bola Tinubu has asked the Senate to screen and confirm four persons appointed as board members of the Securities and Exchange Commission (SEC).