SEC Reports N1.1trn Dividend Boom As Confidence Grows In Nigeria’s Capital Market
In a year marked by renewed investor optimism, listed companies on the Nigerian Exchange Limited (NGX) declared dividends amounting to N1.1 trillion in 2024, according to the Securities and Exchange Commission (SEC). Out of this, N1 trillion has already been paid to shareholders — a signal of healthy corporate earnings and growing investor confidence in […]
Read MorePresident Tinubu Signs ISA 2024 into Law
President Bola Ahmed Tinubu has signed the Investment and Securities Act (ISA) 2024 into law, ushering in a new era of regulatory reforms designed to strengthen Nigeria’s capital market, enhance investor confidence, and align the country’s financial system with global standards. The new legislation, which repeals the Investment and Securities Act of 2007, grants the […]
Read MoreSEC Reaffirms Zero Tolerance for Market Infractions
In a decisive move to bolster confidence in Nigeria’s capital market, the Securities and Exchange Commission (SEC) has reaffirmed its commitment to zero tolerance for market infractions. Director-General of SEC, Dr. Emomotimi Agama, announced over the weekend that only ‘fit and proper’ individuals and entities would be allowed to operate in the financial markets. Dr. […]
Read More