The continued implementation of the Ten-year Capital Market Master Plan will be one of the major focus of the new management of the Securities and Exchange Commission (SEC). Yuguda resumed on Monday July 6 alongside the Executive Commissioners namely: Reginald Karawusa, Ibrahim Boyi and Dayo Obisan. The new management team brings...
Director General of the Securities and Exchange Commission(SEC), Mr. Lamido Yuguda has pledged the determination of the current management of the Commission to make the capital market more accessible to Nigerians in a bid to attract more investors. Yuguda who spoke during an interview in Abuja weekend, said this would...
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,...
The capital market in Nigeria has been described as important to the economy of the nation as it is capable of providinggovernment the much needed revenue for infrastructural development. This was stated by the Chairman of the Senate Committee on Capital Market, Senator Ibikunle Amosun during the budget defense exercise...
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...
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...
Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified and fully integrated conglomerate in Nigeria and Africa, is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”), which is the largest corporate bond ever issued in the history of the...
The Securities and Exchange Commission, SEC has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital market. Director General of the SEC, Mr. Lamido Yuguda stated this during...
The Securities and Exchange Commission (SEC) has again restated the need for capital market operators to maintain professionalism and good ethical conduct in the discharge of their duties. The Director General of the SEC, Mr. Lamido Yuguda who stated this during a meeting with the Chartered Institute of Stockbrokers in...