sec

Sycamore Secures SEC License, Expands into Asset Management Nigerian fintech firm Sycamore has officially obtained a Securities and Exchange Commission (SEC) license, allowing it to operate as a fund/portfolio manager. With over ₦10 billion in assets under management, this milestone...

SEC to Publicly Shame Capital Market Violators in New Crackdown The Securities and Exchange Commission (SEC) has unveiled a new enforcement strategy aimed at publicly naming and shaming capital market operators found guilty of violating market laws and regulations. This move is part of a...

SEC Warns Against Unregistered Investment Schemes – Protect Your Money! ⚠️ The Securities and Exchange Commission (SEC) has issued a strong warning to investors, cautioning against engaging with several unregistered investment schemes operating illegally in Nigeria’s capital market. Companies...

Unclaimed Dividends Soar to ₦30 Billion Across Five Firms, Raising Investor Concerns Despite regulatory efforts to curb the rise in unclaimed dividends, five major listed companies have accumulated a staggering ₦30 billion in unpaid shareholder earnings as of December 31, 2024. This persistent...

Unclaimed Dividends Soar to ₦30 Billion Across Five Firms, Raising Investor Concerns Despite regulatory efforts to curb the rise in unclaimed dividends, five major listed companies have accumulated a staggering ₦30 billion in unpaid shareholder earnings as of December 31, 2024. This persistent...

Unclaimed Dividends Soar to ₦30 Billion Across Five Firms, Raising Investor Concerns Despite regulatory efforts to curb the rise in unclaimed dividends, five major listed companies have accumulated a staggering ₦30 billion in unpaid shareholder earnings as of December 31, 2024. This persistent...

SEC Fast-Tracks Capital Market Approvals: New 14-Day Timeline Set to Boost Nigeria’s Economic Growth Breaking Down the News: In a groundbreaking move to boost efficiency and drive economic growth, the Securities and Exchange Commission (SEC) has announced a significant reduction in the time it...

Super Micro Computer (SMCI) Seeks SEC Reporting Manager, Easing Delisting Concerns—Stock Poised for Best Rally Since August! Super Micro Computer (SMCI) is making strategic moves to resolve its regulatory challenges, boosting investor confidence and driving its stock toward its best gains...

SEC to Sensitize State Governments on Capital Market Investment Opportunities In a bid to drive wealth creation and economic growth, the Securities and Exchange Commission (SEC) has unveiled plans to educate state governments on investment opportunities within the Nigerian capital market...

Blockchain Technology: The Future of Capital Market Regulation – SEC DG Key Highlights: • SEC DG, Dr. Emomotimi Agama, asserts that blockchain will enhance capital market efficiency and regulation. • SEC collaborates with global bodies to align with international best practices...

SEC to Tighten Oversight on Capital Market Operators in 2025 to Boost Investor Confidence Detailed Breakdown of the News: 1. SEC’s Commitment to Enhanced Oversight: The Securities and Exchange Commission (SEC) has announced plans to intensify its monitoring of capital market operators in...

SEC Reports N3 Trillion Surge in Investment Schemes Amid Capital Market Reforms The Securities and Exchange Commission (SEC) has reported a significant rise in Collective Investment Schemes (CIS), which have now exceeded N3 trillion in 2024, marking a major milestone in Nigeria’s capital...

SEC Cracks Down on Defaulting Market Operators: Renew Registration or Face Penalties The Securities and Exchange Commission (SEC) has issued a stern warning to capital market operators (CMOs), stating that those who fail to renew their 2025 registration by January 31 risk heavy fines and...

Strengthening Local Governance Financing: SEC’s Borrowing Framework for LGAs and Corporates Introduction The Securities and Exchange Commission (SEC) is making strides to revolutionize Nigeria’s financial landscape by introducing a robust borrowing framework aimed at bolstering financial...

SEC Revamps Operations to Tackle Insider Trading and Boost Investor Confidence The Securities and Exchange Commission (SEC) has announced transformative measures to strengthen Nigeria’s capital market in 2025. In a New Year message, the SEC’s Director-General, Dr. Emomotimi Agama, reaffirmed...

SEC Strengthens Commodities Exchange Through Collaboration The Securities and Exchange Commission (SEC) has reaffirmed its dedication to transforming Nigeria’s commodities exchanges into engines of economic growth, job creation, and poverty alleviation. ️ Key Highlights: 1. Collaboration...

SEC Takes a Bold Stand Against Ponzi Schemes in 2025 The Securities and Exchange Commission (SEC) has announced its firm commitment to eradicate Ponzi and pyramid schemes in 2025 while fostering a robust commodities market in Nigeria. This pledge aligns with the Commission’s ongoing mission to...

⚠️ Nigeria’s SEC to Sanction Companies for Failing to Publish Financial Results Online Key Highlights: 1. New Directive: The Securities and Exchange Commission (SEC) of Nigeria has warned all quoted companies to publish their periodic financial results on their websites alongside filing...

Capital Market Set to Propel Nigeria Towards $1 Trillion Economy, Says SEC The Nigerian capital market is strategically positioned to drive the Federal Government’s ambitious goal of achieving a $1 trillion economy, according to Dr. Emomotimi Agama, Director General of the Securities and...

SEC Unveils #InvestNigeria Initiative to Boost Financial Literacy and Market Participation ✨ The Securities and Exchange Commission (SEC) has launched a groundbreaking enlightenment campaign, #InvestNigeria, aimed at attracting more Nigerians to participate in the capital market through...