Tag: SEC
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SEC supports mutual fund with N18.2bn – Official
The Securities and Exchange Commission (SEC), supported growth of the Fund Management industry in 2023 with approvals for new mutual funds with N18.20 billion.
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BREAKING: Tinubu makes fresh appointments into SEC board
Nigeria’s President Bola Tinubu has made fresh appointments into the board of the Securities and Exchange Commission (SEC).
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CBN lifts restrictions on crypto transactions after two years ban
Central Bank of Nigeria CBN has legalized crypto currency by lifting the ban placed upon in 2021.
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Popular Abuja investment firm shut down over illegal activities
The Securities and Exchange Commission (SEC), has sealed the office of Ready Finance Investors Limited for engaging in illegal investment and other capital market activities.
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Unclaimed dividends in capital market hits N190bn – SEC
The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion.
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BDC operators ask FG to stop Binance operations in Nigeria
Bureau De Change (BDC) operators in Nigeria have advised the Federal Government to use everything within its powers to stop the operation of Binance in the country.
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SEC blacklists 6 online trading platforms
The Securities and Exchange Commission (SEC), has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms.
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Regulatory incubation commences for fintechs in Nigeria
The Securities and Exchange Commission (SEC) has opened Regulatory Incubation (RI) programme for Fintech firms operating or seeking to operate in the country’s capital market.
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Ponzi schemes, cancer to capital market – SEC
The Securities and Exchange Commission (SEC) has described ponzi scheme as “cancer” bedeviling effective operations of the capital market. The Director-General of SEC, Mr Lamido Yuguda, said this at a post Capital Market Committee (CMC) meeting press conference in Abuja on Friday.
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Unclaimed dividends hit N180bn as SEC strives to achieve zero%
Alhaji Lamido Yuguda, the Director-General, Security and Exchange Commission (SEC), says the commission is working to ensure it reduces the level of unclaimed dividends to zero per cent. In an interactive session with editors on Tuesday in Lagos, Yuguda said that unclaimed dividends rose to N180 billion as at Dec. 31, 2021.