The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. The Director-General of SEC, Lamido Yuguda, said this on Saturday at the Institute...
The Securities and Exchange Commission (SEC) has announced the commencement of the implementation of 100% custody requirement in the collective investment schemes sector. The Director General of the SEC, Mr. Lamido Yuguda has explained this: “The custody...
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday attributed the federal government’s inability to fully achieve economic diversification to a decline in revenue caused the COVID-19 pandemic. Describing the Nigerian capital market as...
The Director-General of the Securities and Exchange Commission (SEC) Lamido Yuguda has hinted that the Commission will downsize its workforce to cut cost. Yuguda, who was represented by Ibrahim Boyi, SEC executive commissioner for corporate services,...
The Securities and Exchange Commission (SEC) yesterday said over three million Nigerians have lost about N18 billion to Ponzi schemes and other illegal investment schemes. It described the continued activities of Ponzi schemes as a threat...