Ms. Mary Uduk
Shareholders sue for merger of stockbroking firms
Ahead of the planned change of ownership (demutualisation) of the Nigeria Stock Exchange (NSE), shareholders' group, Independent Shareholders Association of Nigeria (ISAN), has called for the consolidation of 255 stockbroking houses in the country...
SEC develops investor’s data, consent form
In a bid to address challenges associated with identity management in the capital market, the Securities and Exchange Commission, SEC has developed a standardized Investor’s Data and Consent Form to be adopted by all Capital Market Operators.
Mutual funds in capital market to hit N1.5 trillion by December
The Securities and Exchange Commission has expressed optimism that Collective Investment Scheme (CIS) or Mutual funds in the capital market will hit N1.5 trillion before the end of the year.
‘Banks’ credit to agric sector remains at five per cent in ten years’
The Securities and Exchange Commission [SEC] has expressed worry that credit to agriculture sector in the last 10 years remains as low as 5 percent, severely hampering the sector’s growth in no small measures.
Pushing for resurgence of new blue-chip listing through appropriate palliatives
Although the Finance Act of 2019, provided some initiatives to support capital market growth, stakeholders insist that more incentives are needed to encourage capital flow into the market
SEC, ICPC to tackle fraudulent activities in capital market
The Securities and Exchange Commission (SEC), and the Independent Corrupt Practices and other Related Offences Commission (ICPC), have reached an agreement to collaborate in the fight against fraud and other related offences
‘Derivatives products will boost capital market liquidity’
The Acting Director-General, Securities and Exchange Commission (SEC), Ms. Mary Uduk, has said derivatives products would enhance liquidity in the nation’s capital market. Addressing participants at the Final Reporting Workshop of the Knowledge Sharing Programme (KSP), in Lagos, on Wednesday, she said this will also facilitate portfolio management and investment diversification. KSP is…
SEC urges beneficiaries to inherit deceased unclaimed dividend
To further reduce the quantum of unclaimed dividend in the Nigerian capital market, the Securities and Exchange Commission (SEC), has urged beneficiaries of deceased investors to step up efforts to claim the monies. The Commission had recently stressed the need for capital market investors to enrol in the edividend registration platform, to stem…
SEC hints of strategies to align master plan with economic realities
The Securities and Exchange Commission (SEC) has disclosed plans to align the 10-year capital market master plan with current economic realities and ensure that the planned review is concluded on time. Acting Director General of SEC, Ms. Mary Uduk, stated this during a meeting with capital market stakeholders in Abuja at the weekend. She disclosed…