A sub-committee on Capital Market and Institutions of the House of Representatives has ordered the Securities and Exchange Commission (SEC) to take over Capital Oil Plc....
The failure of the Securities and Exchange Commission (SEC) to publish its annual accounts since 2014, a development that violates the Investment and Securities Act (ISA)...
The Securities and Exchange Commission (SEC) said it was ready to lead the entire capital market industry in an effort to migrate all shareholders to an...
The National Industrial Court of Nigeria sitting in Abuja on Thursday adjourned hearing of the preliminary objection filed by Securities and Exchange Commission (SEC), in the...
Operators in the Nigerian capital market have continued to express dissatisfaction over the prolonged delay by the federal government in reconstituting the board of the Securities...
On December 3, 2017, Minister of Finance Mrs. Kemi Adeosun sacked the Director General, Securities and Exchange Commission (SEC) Mr. Mounir Gwarzo, over alleged misconduct and...
The Minister of Finance, Kemi Adeosun, has waded into the latest controversy surrounding the trading of Oando shares involving the Securities and Exchange Commission (SEC) and...
Nigerian capital market authorities presented contradictory clarifications on the regulatory impasse that saw the lifting of technical suspension on Oando Plc and reversal of the same...
Building materials multinational-LafargeHolcim has injected some N96 billion into Lafarge Africa Plc as part of financial restructuring aimed at unburdening the balance sheet of the Nigerian...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has directed forensic auditors to proceed with the audit of Oando Plc. Akintola Williams Deloitte, a...
The suspended Director-General of the Securities and Exchange Commission, Mounir Gwarzo, on Sunday clarified why the sum of N1.7bn was paid as severance package under a...
The Zinox Group, an integrated Information Communication Technology (ICT) solutions conglomerate and Original Equipment Manufacturer (OEM), has concluded the acquisition of e-commerce giant, Konga in a...
The Administrative Panel of Inquiry, set up to look into the allegations of financial misconduct by the Director-General, Securities and Exchange Commission, Mr Mounir Gwarzo, has...
My partner Lami and I sat conveniently on the couch in my little office to watch this battle of giants. On the left hand side was...
Securities and Exchange Commission (SEC) has extended the period for the free e-dividend registration exercise till February 28, 2018 to encourage more shareholders to mandate their...
By Joseph Edgar…. I am want to lean towards the conspiracy theorist at times, if for nothing else but to marvel and luxuriate in their warped...
Experts have dampened the optimism that greeted President Muhammadu Buhari’s presentation of the 2018 budget at the National Assembly from some quarters, arguing that it did...
Oando has gone on full offer, with more than 13 million shares of the company dumped by anxious investors at the Nigerian Stock Exchange (NSE) on...
Following Oando Plc’s suspension from the Nigerian Stock Exchange (NSE), the Johannesburg Stock Exchange (JSE) has also suspended trading in shares belonging to Oando Plc. According...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has directed the Nigerian Stock Exchange (NSE) to suspend trading in the shares of Oando Plc....
After recording net capital gain of N765 billion in the third quarter, Nigerian equities ended the first trading session in the fourth quarter on Tuesday with...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), on Thursday arraigned the BGL Group and its top executives in an Abuja court, in further...
Nigerian equities made a comeback on Wednesday, rallying a net capital gain of N125 billion as investors deepened bargain-hunting in the high-cap stocks group. After three...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has given Oando the nod to go ahead with its annual general meeting as scheduled for...
Nigerian equities sustained a second day of consecutive rally on Thursday with a net capital gain of N175 billion as a scramble for large-cap stocks lifted...
Union Bank of Nigeria (UBN) Plc has received approvals from the Securities and Exchange Commission (SEC) to move forward on raising Tier 1 capital through supplementary...
United States authorities are investigating China Petroleum and Chemical Corporation known as Sinopec over an alleged $100 million bribe paid to some Nigerian officials. Bloomberg is...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have granted pre-merger approvals to the world’s largest brewer, Anheuser-Busch...
Minority shareholders of Mobil Oil Nigeria Plc have been granted a longer period to participate in the ongoing N4.9 billion mandatory tender offer (MTO) by NIPCO...
Guinness Nigeria Plc on Tuesday rounded off the pre-offer process for its planned new shares issue, indicating that the N39.7 billion rights issue may open in...
The Security and Exchange Commission (SEC), on Thursday, presented three draft bills to the Senate, aimed at enhancing the operations of the capital market and reposition...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has dissolved the board of directors of Ikeja Hotels Plc. The Commission has appointed an interim...
The Securities and Exchange Commission (SEC) Nigeria’s apex capital market regulator, has lifted the suspension on Heritage Capital Markets Limited and its directors, returning the firm...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has sealed off the premises of Tine God Networks Limited as part of efforts to curb...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has banned a capital market operator, Mr. George Nchedo Okafor, from being employed anywhere in the...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has slammed a life ban on Group Managing Director, BGL Group, Mr. Albert Okumagba and deputy...
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) have sealed a relationship to fight fraud in Nigeria’s capital market. Both...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has stated that more than N30 billion has so far been paid to investors in the...
The Securities and Exchange Commission (SEC) had recently informed Nigerians that it had suspended Heritage Capital Markets Limited indefinitely from all capital market activities. The regulator,...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has slammed an indefinite suspension on Heritage Capital Markets, a stockbroking and dealing firm, over alleged...
The Nigerian Stock Exchange (NSE) will tomorrow place the shares of Resort Savings and Loans Plc on full suspension as capital market regulators continue investigation into...
The Securities and Exchange Commission (SEC) on Wednesday told the House of Representatives that out of its N5.2billion revenue projection for 2016, it was only able...
The hope of Albert Okumagba, and his companies, including BGL Plc to have the courts lift the hammer of the Securities and Exchange Commission (SEC) against...
The American oil giant, ExxonMobil Oil Corporation has reached firm agreement to sell its majority equity stake of 60 per cent in Mobil Oil Nigeria Plc...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), is planning to set up a special treasury to hold unclaimed dividends that have remained unclaimed...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has directed all capital market operators to register with their respective trade group or association on...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and other stakeholders have reached agreement to stop the issuance of dividend warrants as payments for...
For the management and staff of BGL Securities and BGL Assets Management Limited led by debonair businessman, Albert Okumagba things have finally fallen apart as the...
aLafarge Africa Plc has launched the bid to raise up to N60 billion through a bond issue to refinance its debts and restructure its balance sheet....
The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in...