May 6, 2021
  • May 6, 2021

Tag Archives

3 million Nigerians lost N18 bln to MMM Ponzi Scheme ~SEC

by on March 2, 2021 0
Over three million Nigerians have lost about N18 billion to Ponzi schemes and several other illegal investment schemes, according to the Securities and Exchange Commission (SEC). SEC Director-General, Lamido Yuguda said the activities of Ponzi scheme operators threaten the protection of investors, the functioning of a fair and orderly financial market as well as... Read More

How Federal Government raises N2.36 trln, Corporates N192 bln via capital market in 2020 ~NSE CEO

by on January 20, 2021 0
By Samuel Bankole The Nigerian Stock Exchange (NSE) on Tuesday said the bull run in 2020 on the local bourse was largely driven by the “unattractive fixed-income yields and better-than-expected corporate earnings of listed companies.” The country’s equity market had emerged as the best-performing index in the world, surpassing the S&P 500 16.26 percent,... Read More

Fidelity Bank assure capital market stakeholders on performance

by on December 7, 2020 0
Fidelity Bank has assured capital market operators and other stakeholders of sustained impressive financial performance by the bank. Fidelity Bank Managing Director/CEO Designate, Nneka Onyeali-Ikpe said that the corporate aspirations of the bank will remain the same under her leadership. Onyeali-Ikpe will assume leadership of the bank by January 1, 2021 when she is... Read More

SEC issues new guidelines on registration of new capital market operators

by on October 23, 2020 0
By Samuel Bankole The Securities and Exchange Commission (SEC) has set fresh guidelines for the registration of new capital market operators, stating that from January 2021, the pre-registration examination will be conducted for intending capital market operators. SEC in a statement said that such pre-registration examinations conducted by the Nigerian Capital Market Institute would... Read More

SEC to strengthens capital market enforcement regime ~Yuguda

by on August 21, 2020 0
The new Director General of the Securities and Exchange Commission (SEC) on Friday said he plans to strengthen the enforcement regime of the commission and clampdown on illegal operators in the capital market. Lamido Yuguda, who recently assumed office as SEC Director-General spoke at his first virtual Capital Market Committee (CMC) meeting held on... Read More