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Senate Advances Investment & Securities Bill 2024: Boost for Nigeria’s Capital Market
Detailed Breakdown
Key Highlights from the Bill’s Second Reading
• The Investments and Securities Bill (ISB) 2024 successfully scaled its second reading in the Senate, marking a significant milestone...
SENATE'S PROPOSAL FOR FINES ON UNLICENSED INSURANCE FIRMS
1. Proposed Legislation:
- Bill Overview: The Nigerian Senate has proposed a bill titled "Nigeria Insurance Industry Reform Bill, 2024," sponsored by Senator Tokunbo Abiru and 40 other senators. The bill aims to reform the insurance...
UNCOVER UNCLAIMED DIVIDEND OWNERS, SENATE TELLS SEC
1. Senate Committee and SEC Collaboration:
- Public Hearing: The Senate Committee on Capital Market, alongside the Security and Exchange Commission (SEC) and other stakeholders, held a public hearing on July 30, 2024.
- Objective: The...
For a long time, people have wondered what it feels like to be paid as a senator because the idea is that they lick directly from the honeypot. According to the decisions made by the Revenue Mobilization, Allocation, and Fiscal Committee (RMAFC), senators are paid monthly and are also provided...
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