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SEC APPROVES FCMB ASSET MANAGEMENT'S PRIVATE DEBT FUND:
1. Fund Approval:
- The Securities and Exchange Commission (SEC) has approved the private debt fund sponsored and managed by FCMB Asset Management Limited, with support from TLG Capital Investments Limited (TLG Capital) UK.
2. Fund...
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...
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...
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...
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."...
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...
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...
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