The Securities and Exchange Commission has again urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. This was stated by Executive Commissioner Operations of the SEC Mr. Dayo Obisan during an interview in Abuja, weekend. e-Dividend...
Capital Market Operators have been reminded of the Securities and Exchange Commission’s directives on update of investors’ Know Your Customer information which it said is still in effect. This was stated by the Director General of the SEC, Mr. Lamido Yuguda at the First Post Capital Market Committee Meeting press...
The Nigerian Communications Commission (NCC), in line with its tradition of exploring avenues to engage with telecom consumers, has taken advantage of the opportunity of this year’s edition of the Enugu International Trade Fair to enlighten telecom consumers on their rights and privileges within the telecommunications sector. Addressing a large...
Dangote Sugar Refinery PLC (DSR) is aware of an online publication claiming that Dangote Sugar Refinery PLC is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme as claimed. DSR wishes to vehemently refute the allegations and assertions in their entirety as the false allegations are...
The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy. This was stated by the Director General Securities and Exchange Commission, Mr. Lamido Yuguda...
The Nigerian Breweries Plc (NB) has been recognised as the biggest taxpayer in Kaduna, bagging the Kaduna State Internal Revenue Service (KADIRS) 2020 Highest Taxpayer, Pay-As-You-Earn Award. The company engages in the brewing and marketing of Lager beer, Stout and non-alcoholic malt drinks. The company’s product range includes Star, Gulder,...
L-R,  Head, Finance and Accounts Securities and Exchange Commission,  Mr Frank Aul, Executive Commissioner Corporate Services, SEC, Mr Ibrahim Boyi and Executive Commissioner Operations, SEC,  Mr Dayo Obisan during SEC appearance before the Senate Committee on Finance at the National Assembly Abuja Recently. In a bid to ensure the nation...
The National Metrology Institute (NMI) of the Standards Organisation of Nigeria (SON) has taken delivery of additional weight standards to boost the ongoing calibration of various weighbridges in use in the country. A statement from the office of the Director General, SON, Mallam Farouk Salim disclosed that the investment is...
The Federal High Court sitting in Abuja has adjourned to April 15, 2021 the case between the Federal Government of Nigeria and Dantata Success and Profitable Company and four others. The company and its promoters were last year charged before the Federal High Court in Abuja for investment fraud amounting...
The Securities and Exchange Commission has released general rules for Collective Investment Schemes prescribing that all units/securities of a collective investment scheme shall be registered by the Commission. The Rule which is on the Commission’s website, also states that all units/securities subject to registration by the Commission may be offered...