SEC commences regulatory incubation for Fintechs

May 1, 2023 Benjamin Umuteme 0

The Securities and Exchange Commission (SEC) has opened the Regulatory Incubation (RI) program for FinTech firms operating or seeking to operate in the Nigerian Capital Market. This was contained in a Circular dated April 28, 2023 and released by the Commission. According to the circular, the portal would be opened from the 28th of April, 2023 to the 26th of Read More

Avoid ponzi schemes, SEC tells youth

March 28, 2023 Benjamin Umuteme 0

As the campaign to create awareness among the youths and young people and further attract them to the capital market gathers momentum, young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission (SEC). Director, Market Development Department of the SEC, Mr. Nestor Ikeagu stated this weekend during the celebration of Read More

SEC, Pencom to collaborate in deepening commodities sector

February 23, 2023 Benjamin Umuteme 0

The Securities and Exchange Commission has expressed its readiness to collaborate with the National Pensions Commissions on areas that would assist in further deepening the commodities ecosystem. Director General of the SEC, Mr. Lamido Yuguda stated this when the Management of the Commission along with the Lagos Futures and Commodities Exchange held a meeting with Pencom in Abuja Tuesday. Yuguda Read More

FGN bond attracts N45bn from retail investors

February 22, 2023 David Agna 0

The efforts of the Debt Management Office (DMO) to deepen the nation’s capital market has paid off, with retail investors investing the sum of N45. 135 billion in the Federal Government of Nigeria (FGN Savings Bond) as at the end of 2022. The Director-General of the DMO, Ms. Patience Oniha, disclosed this at the engagement with Distribution Agents and Market Read More