SEC begins verification of 4,160 Dantata investors

The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and Profitable Company. The verification exercise commenced on Monday July 15th and is expected to last till Saturday July 20th, 2019, with 4,160 investors undergoing verification. SEC said investors were required to go […]

5 Nigerian securities exchanges move to deepen market through coopetition

SEC, Exchanges

In a syndicated move to further develop the Nigerian capital markets and the economy as a whole, five exchanges listed under Nigeria’s Securities and Exchange Commission (SEC) Wednesday launched the Association of Securities Exchanges in Nigeria (ASEN). The Association, established to accelerate the development of domestic securities exchanges and support the Nigerian capital market to […]

Nigeria’s SEC to partner grassroots on financial literacy

The Securities and Exchange Commission (SEC) has expressed readiness to collaborate with various groups in grassroots in its financial literacy campaign. This, the Commission said, is in a bid to ensure that Nigerians in the rural areas are effectively sensitised on the benefits of investing in the capital market. Mary Uduk, acting director general of […]

SEC Nigeria reiterates commitment to master plan implementation

Mary Uduk, Ag. the director general of Securities and Exchange Commission (SEC) has reiterated the determination of the current management of the Commission to improve investors’ confidence through various initiatives currently being implemented as part of the Ten Year Capital Market Master Plan. Uduk stated this in Abuja when she was honoured by the West African […]

IOSCO to focus on key challenges facing securities regulators

SEC, Exchanges

The International Organisation of Securities Commissions (IOSCO) has resolved to focus on key issues affecting regulators worldwide and proffer ways of tackling the challenges This was part of the resolutions reached at the organisation´s 43rd Annual Conference in Budapest, Hungary. The conference also featured meetings by the IOSCO Board, IOSCO´s Growth and Emerging Markets (GEM) […]

Nigeria’s SEC holds first CMC meeting in 2018

SEC, Exchanges

The Securities and Exchange Commission (SEC) is set to host the first Capital Market Committee (CMC) meeting for 2018. According to a statement from SEC, the meeting scheduled for  Thursday 19 – Friday 20, April 2018, at the Federal Palace Hotel, Victoria Island, Lagos, has topmost on the agenda, the capital market master plan implementation […]