Investigations have revealed that Bara Finance and Investment Company Limited may be operating as a Ponzi scheme, as the the company is not listed among the registered Capital market operators registered by the Securities and Exchange Commission (SEC).
The Company promises a return of 15% to investors on Six month...
Coca-Cola Nigeria launches a new campaign, “Open Like Never Before”, its first since COVID-19 changed the world in so many ways.
Coca-Cola in Nigeria temporarily suspended all planned marketing activity in April, redirecting resources towards communities and supporting its most affected retail partners.
Alongside its bottling partners and The Coca-Cola Foundation,...
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...
Nigeria's first Capital Market Professor,
Uche Uwaleke has advised the Federal Government to be wise as serpent with $3.4billion loan facility from the International Monetary Fund (IMF).
Recall, IMF Board approved the federal government's $3.4billion Emergency loan to combat the dreaded Coronavirus (COVID-19) pandemic in the country.
IMF Managing Director, Kristalina Georgieva was...
Director General of the West African Monetary Institute, Dr. Olorunsola Olowofeso has stated that one of the aims of the West African Capital Markets Integration (WACMI) Phase II Project is to deepen West African markets as well as achieve robust and integrated capital markets.
Dr. Olowofeso stated this during a...
The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark.
Specifically, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday.
In the same vein, the All-Share which opened at 24,882.04 improved by 48.30 points or...
The Securities and Exchange Commission is seeking to collaborate with the Ministry of Mines and Steel Development to address some of the challenges faced by the solid minerals sector through the Commodities Exchanges.
This was stated by Director General of the SEC, Mr. Lamido Yuguda during a meeting with the...
TAJBank, Nigeria’s most innovative Non–Interest financial institution has announced a 150 billion naira Sukuk Bond as appointed by the Federal Government of Nigeria.
TAJBank is Nigeria’s 2nd Non-Interest Financial Institution. The Bank received its license from the Central Bank of Nigeria on July 12th 2019.
The Bank offers an exciting array...
The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses.
This was contained in a circular by the Commission to provide update to stakeholders within the Capital Market, Monday.
According to the circular,...
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...
