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    SENATE CONFIRMS AGAMA AS SEC DG

    SENATE CONFIRMS AGAMA AS SEC DG The Senate Committee on Capital Markets has confirmed Emomotimi Agama as the director-general of the Securities and Exchange Commission (SEC). The committee also approved the appointments of Frana Chukwuogor as the executive commissioner of legal and enforcement...
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    EMBRACE TECHNOLOGY TO SOLVE UNCLAIMED DIVIDEND ISSUES IN NIGERIAN CAPITAL MARKET, SEC URGES REGISTRARS

    EMBRACE TECHNOLOGY TO SOLVE UNCLAIMED DIVIDEND ISSUES IN NIGERIAN CAPITAL MARKET, SEC URGES REGISTRARS The Securities and Exchange Commission (SEC) has called on companies’ registrars to embrace technology as a means of addressing the issue of unclaimed dividends in the capital market. Acting...
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    Dozy Mmobuosi may be in prison for a long time for committing fraud

    The case of Dozy Mmobuosi, the ex-CEO of Tingo Group has blown into the new year, and this time, beyond what anyone foresaw. On Tuesday, 2nd of January, 2024, the United States formally announced charges against Odogwu 'Dozy' Mmobuosi. Dozy, who recently stepped down from being the CEO of the...
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    SEC Nigeria's Ban on Global Crypto Exchange Binance Confirmed; Warns Unregistered Exchanges Against Soliciting Nigerian Investors

    On June 9, 2023, the Securities and Exchange Commission (SEC) in Nigeria made a significant declaration, branding Binance Nigeria Limited as an illegal entity in the country. However, Binance, the global cryptocurrency exchange, firmly denied any affiliation with "Binance Nigeria Limited."...
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    Ardova Plc Finally Pays Investors N17.38 per Share to Delist From the NGX

    News reaching shows that Ardova Plc delisted its shares from the Nigerian Exchange Limited (NGX) on Wednesday. The delisting which happened on July 26 was in line with the agreements between the company and shareholders of its fully paid ordinary shares which got approval from the Securities...
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    SEC APPROVES NAPL’S ACQUISITION OF INTERNATIONAL ENERGY INSURANCE

    The Securities and Exchange Commission has given the nod to the acquisition of International Energy Insurance (IEI) Plc by Norrenberger Advisory Partners Limited (NAPL). The insurer stated this in a disclosure filed to the Nigerian exchange on ‘the acquisition of majority equity stake in...