Nigeria’s Securities and Exchange Commission (SEC) has declared the country a major player in the global cryptocurrency market, particularly in peer-to-peer transactions. Emomotimi Agama, SEC’s Director-General,...
The Securities and Exchange Commission (SEC) has issued a strong warning to individuals and organizations involved in illegal fund management activities, urging them to cease immediately...
The Securities and Exchange Commission (SEC) has warned that it would soon commence enforcement actions against all individuals and business entities, including crypto exchange platforms operating...
In a historic development, Quidax, an Africa-based crypto exchange platform has become the first crypto platform to be granted an operating license by the Securities and...
Following the surge in unclaimed dividend to a whopping N215bn, the Securities Exchange Commission (SEC) has disclosed that it will set up special units to address...
The Senate on Tuesday called for improved budgetary allocation to the Securities and Exchange Commission (SEC). The Chairman of the Senate Committee on Capital Market, Osita...
As part of its new onboarding framework, the Nigeria Securities and Exchange Commission (SEC) has made the establishment of an office in Nigeria mandatory as part...
Following a recent directive by the Central Bank of Nigeria (CBN) to commercial banks in the country to increase their capital in support of the nation’s...
The House of Representatives Committee on Public Accounts has issued a 21-day ultimatum to the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission (FRC) to...
The plan by the British majority owner of consumer goods company PZ Cussons Nigeria to fully acquire the organisation and take it private has suffered another...
Lamido Yuguda, the director general of the Securities and Exchange Commission, has urged all levels of government to look to the capital market for funding while...
The Securities and Exchange Commission (SEC) has blacklisted six online trading companies in its ongoing bid to sanitise the country’s e-commerce space. In a circular issued...
Nigeria’s Securities and Exchange Commission (SEC) has sounded the alarm to Nigerians over investing in four blacklisted Italian e-Commerce platforms. In a statement issued on its...
The United States’ Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried, the founder of Futures Exchange (FTX) for diverting customer funds, that resulted in loss...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The Securities and Exchange Commission (SEC) has again warned Nigerians about the activities of unregistered investment crowdfunding platforms. Crowdfunding is the process of raising funds to...
Cryptocurrency exchanges like Binance, Quidax, amongst others would be charged about N30.5 million by Nigeria’s Securities and Exchange Commission (SEC) to operate within the country. SEC...
The Securities and Exchange Commission (SEC) has ordered the closure of three investment companies for alleged fraudulent activities. The commission in a statement issued on Monday...
The House of Representatives on Thursday proposed a 10-year jail term for promoters of Ponzi schemes in the country. This followed the presentation of a bill...
Capital Market Operators (CMOs) in Nigeria have been directed not to conduct any form of business with individuals or group linked to terrorist groups. The CMOs...
The Securities and Exchange Commission (SEC) has warned Nigerians against investing in FinAfrica Investment Limited and Poyoyo Investment Nigeria Limited (PILVEST). SEC in a statement issued...
Positive sentiment in the Bitcoin market continued for another week as report circulated that the United States’ Securities and Exchange Commission (SEC) will most likely clear...
The Senate has raised concern over the Securities and Exchange Commission’s (SEC) excessive staff expenses, directing the Director-General, Mr Lamido Yuguda, to act quickly to prevent...
Oando Plc has reached an agreement with the Securities and Exchange Commission (SEC) to drop all charges relating to operational breaches. Oando and SEC have been...
The Securities and Exchange Commission of Nigeria has ordered Crowdyvest to stop operation, labelling the investment company an unregistered entity in the investment market. SEC said...
Some capital market operators risk losing their license, as the Securities and Exchange Commission (SEC) move to protect investors against unethical behaviour in the stock market....
The Securities and Exchange Commission (SEC) has reiterated that Oando Plc’s Annual General Meeting (AGM) stands suspended in the latest twist in the long-running battle between...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) are in talks over cryptocurrency market in the country. The apex bank had...
The Securities and Exchange Commission (SEC) has cautioned potential capital market investors against putting their monies in fraud schemes that promise unwarranted high returns. Mr Tunde...
The Securities and Exchange Commission (SEC) has set N50 million as minimum paid up capital for Warehousing and Collateral Management companies in the country. A statement...
Securities and Exchange Commission (SEC) has been told it has no authority in non-capital matters as Oando’s director, Yakubu Gumel, obtained a court order nullifying the...
The Securities and Exchange Commission (SEC) said Nigeria’s rising debt is a threat, but the Finance Minister of Nigeria, Zainab Ahmed, said the borrowing will continue...
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding ways...
Nigeria’s Securities and Exchange Commission (SEC) has stated that the regulation of cryptocurrency falls under its authority following the clampdown on Bitcoin and other digital assets...
The Securities and Exchange Commission (SEC) Monday said it would henceforth regulate crypto-token or crypto-coin investments, while classifying them as securities. In a statement posted on...
The Securities and Exchange Commission (SEC) on Sunday dismissed reports that its Acting Director-General, Ms. Mary Uduk, had resigned from the commission. The Head of Corporate...
The Securities and Exchange Commission (SEC) Monday urged the general public to disregard messages and video being circulated on social media on the alleged recruitment exercise...
In a notification to the Nigerian Stock Exchange (NSE) and the investing public, Lafarge Africa has debunked a purported investigation ordered by the Securities and Exchange...
The Securities and Exchange Commission (SEC) has reached out to the Armed Forces, Police, and other Para-military agencies on the investment initiatives in the capital market....
The Securities and Exchange Commission (SEC) has said it would engage the Central Bank of Nigeria (CBN) to seek the inclusion of e-Dividend Mandate Management System...
Tech giants Microsoft, has agreed to pay about $25 million in settlements with both the Justice Department and SEC over charges that its Hungary subsidiary violated...
The Nigerian Financial Intelligence Unit, NFIU, has announced that it would start delisting dormant or shell companies from the month of September this year. Shell companies...
The Federal Government on Monday inaugurated the Board of the Securities and Exchange Commission, SEC. The board which has Mr. Olufemi Lijadu as Chairman was inaugurated...
A Federal High Court, sitting in Lagos, Monday, restrained the Securities and Exchange Commission from giving effect to its decision on Oando Plc. It would be...
After ordering the resignation of some of its board members, the Securities and Exchange Commission (SEC) has constituted an Interim Management Team to oversee the affairs...
The management of Oando Plc has challenged the Securities and Exchange Commission’s verdict on the outcome of the Forensic Audit into the company. Oando says it...
The Securities and Exchange Commission, SEC, has expressed worries by the Nigerian government over inability to achieve its revenue targets in the midst of pressing critical...
The Securities and Exchange Commission, SEC, has said the Loom Money Nigeria, currently running on the social media is a fraudulent scheme being runned by frausters....
The Securities and Exchange Commission, SEC, has said it plans to realign the 10-year Capital Market Master Plan with current economic realities. The commission also revealed...
