Securities and Exchange Commission
24 Jan
The financial sector has solidified its position as a leading force in the Nigerian Exchange Limited (NGX), contributing N4.2 trillion or 51 per cent of the N8 trillion stocks traded on the Nigerian Exchange Limited in the past five years.
24 Jan
The Securities and Exchange Commission (SEC) said its Collective Investment Schemes (CIS) increased to over N3 trillion last year.
15 Jan
In June 2024, a Nigerian Afrobeat artist promoted a meme coin. A meme coin is a cryptocurrency that aims to create a fun image and attract investors.
6 Jan
The Securities and Exchange Commission (SEC) has restated its commitment to fostering collaboration that would help to reposition the commodities exchanges as vital drivers of economic growth, job creation, poverty alleviation and national development.
6 Jan
Securities and Exchange Commission (SEC) has vowed to intensify crackdown on Ponzi scheme operators to protect investors and ensure legitimate investment opportunities thrive in 2025.
9 Dec
The Securities and Exchange Commission (SEC) has urged banks to strengthen their corporate governance principles and risk management frameworks to enhance investors' confidence in the ongoing recapitalisation exercise.
3 Dec
The Securities and Exchange Commission (SEC) has directed all capital market operators (CMOs) to complete the process of renewal of their 2025 registration on or before January 31.
22 Nov
The Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, disclosed that about N1.682 trillion has been raised by banks through e-offering in the bank recapitalisation exercise.
28 Oct
Financial literacy, protection and inclusion have been described as three essential pillars of financial system stability.
22 Oct
As virtual assets gain prominence globally, the Securities and Exchange Commission (SEC) has stressed the need for capital operators and entire market stakeholders to adapt to the regulatory framework
9 Oct
The Securities and Exchange Commission (SEC) said well-informed investors are needed to sustain market confidence and stability.
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The Joint Health Sector Unions (JOHESU) and the National Association of Nigerian Nurses and Midwives (NANNM), Federal Teaching Hospital Lokoja (FTHL) branch, said that there was no industrial crisis in the hospital. The unions’ position was in reaction to the protest embarked on by the Association of Resident Doctors (ARD), FTHL, demanding the immediate reinstatement…
5 mins ago
Loyalists of detained Finland-based Biafra agitator Simon Ekpa have said the compliance of Southeast residents with the Monday sit-at-home for over three years shows that Biafrans have delegitimize the Nigerian government. The acclaimed Deputy Prime Minister of the United States of Biafra, Dr. Ngozi Orabueze, who stated this in a statement on Monday, said the…
21 mins ago
The Oyo State Commissioner of Police (CP), Ayodele Sonubi, has described driving unregistered vehicles as an abnormality requiring the impoundment of such cars by the police. The CP said this following Monday’s enforcement campaign of the third-party insurance policy on motorists within the Ibadan metropolis. Sonubi said the command would start impounding vehicles with irregular…
23 mins ago
The National Union of Electricity Employees (NUEE), Kaduna State Council, began an indefinite strike on Monday. This was in protest over the alleged termination of 900 staff from Kaduna Electricity Distribution Company. The workers, carrying placards, blocked the entrance to the company’s corporate headquarters. They prevented both employees and customers from entering the premises. They…
25 mins ago
The Yola Electricity Distribution Company (YEDC) has issued a stern warning to its customers against purchasing electricity meters from unauthorised sources, saying that doing so fuels meter theft and could result in legal consequences. Communications Officer of the company, Blessing Tunoh, said the caution follows a worrying rise in meter theft across Adamawa State,…
25 mins ago
The Federal Road Safety Corps (FRSC) on Monday launched a nationwide crackdown on illegal number plates, impounding some 60 vehicles in the Federal Capital Territory (FCT) for various offences. Addressing newsmen in Abuja, the Assistant Corps Marshal (ACM) in charge of operations, Hyginus Omeje, said that the special intervention operation was aimed at tracking down…
28 mins ago
An executive bill that will harmonise, consolidate, and provide administrative backing for revenue collection has been passed by the Enugu State Assembly. The bill, which scaled through the second and third readings on Monday, was wholesomely supported by members at plenary. Introducing the benefits of the bill, the member representing Nkanu West constituency, Mr Iloabuchi…
31 mins ago
The Force Public Relations Officer, ACP Olumuyiwa Adejobi, said the Nigeria Police Force recovered 115 stolen vehicles and rescued 387 kidnapping victims nationwide in one month. Adejobi said at a news conference on Monday in Abuja that the successes were recorded during several operations nationwide in January. The police spokesman said 960 suspects were arrested…
33 mins ago
A Federal High Court in Ibadan on Monday sentenced a fraudster, Aboyomi Fatosi, to one year imprisonment over $500 internet fraud. Delivering judgement, Justice N.E. Maha stated that she convicted and sentenced Fatosi based on the evidence tendered before her by the Economic and Financial Crimes Commission (EFCC). She said he was also sentenced for…
34 mins ago
President Bola Tinubu on Monday presided over the swearing-in of newly appointed members of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), the Federal Character Commission (FCC), and the National Population Commission (NPC). President Tinubu also swore in eight former directors in the Federal Civil Service as Permanent Secretaries (PS). Twenty-one members of the RMAFC,…