In its desire to transition towards a technology driven capital market as well as protect investors, the Securities and Exchange Commission, SEC, has said that the Commission would soon come out with regulations that would guide such products in the capital market. SEC’s Acting Director-General Ms. Mary Uduk made this known during the presentation ofRead More
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SEC
Annual report: How inconsistent leadership forced SEC to breach own rules
SEC tasks MTN Group on filing of IPO application for NSE listing
The Securities and Exchange Commission (SEC), has tasked MTN Group on official filing of Initial Public Offering (IPO), which gathered media momentum in the last couple of months. Speaking at the commission’s second post Capital […]
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US SEC Again Rejects Winkelvoss Twins Bitcoin Fund
US market regulators on Thursday again rejected a proposal to allow trading in the first Bitcoin-based exchange-traded fund created by noted tech entrepreneurs Cameron and Tyler Winklevoss. The Securities and Exchange Commission denied the request in a 3-1 vote, upholding the rejection handed down last year. The value of Bitcoin, a digital currency not … Continue reading US SEC Again Rejects Winkelvoss Twins Bitcoin Fund
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Institute to support SEC on capital market studies
THE Chartered Institute of Stock Brokers (CIS) has pledged to support the Securities and Exchange Commission (SEC) to infuse capital market studies into the curriculum of schools in the country. The Acting Director-General of SEC, […]
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LIVE: NASS, SEC, Others Hold 2nd Capital Market Forum
The National Assembly, the Securities and Exchange Commission and other financial regulatory agencies, are holding their second Stakeholders’ Forum on the Capital Market. According to the Chairman of the House of Representatives’ Committee on Capital Market and Institutions, TeeJay Yusuf, the theme of this year’s conference is, “capital Market As A Catalyst for Economic Growth … Continue reading LIVE: NASS, SEC, Others Hold 2nd Capital Market Forum
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Avoid Ponzi Schemes, SEC warns Nigerians
NIGERIANS have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at little risk to investors. This was stated by Ag. Director General of the Securities and […]
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We’re addressing MSMEs’ financing nightmare – Okpanachi, Development Bank of Nigeria MD/CEO
SEC okays ASHON as trade group
Red Star Express Board of Directors at the weekend announced that it has recommended payment of N236 million to shareholders of the company as cash dividend for the immediate past year. The company had distributed same amount in the previous year. Shareholders will receive a dividend per share of 40 kobo, implying a dividend yieldRead More
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SEC takes financial inclusion campaign to grassroots
IN line with the determination of the nation’s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange Commission (SEC) recently took its team of campaigners to Kwali […]
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