NGX, SEC Strengthen Nigeria-China Investment Ties
In a bold stride toward global financial integration, the Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) are reinforcing Nigeria’s capital market linkages with China. The renewed push was spotlighted at the China-Africa CEO Dialogue held during the 4th China–Africa Economic and Trade Expo in Changsha. Co-hosted by Choice International […]
Read MoreSEC 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 MoreCAC Issues Six-Week Ultimatum To Unregistered Businesses
The Corporate Affairs Commission (CAC) has issued a stern six-week deadline to all unregistered businesses operating in Nigeria, mandating immediate registration or risk prosecution and possible jail time. This directive, contained in a public notice released recently titled: ‘Carrying On Business In Nigeria Under An Unregistered Name Or Acronym,’ warns that operating without formal registration […]
Read MoreSEC Begins Implementation of ISA 2025
The Securities and Exchange Commission (SEC) has officially commenced the implementation of the newly enacted Investments and Securities Act, 2025 (ISA 2025), following its recent signing into law by President Bola Tinubu. This legislation repeals the 2007 version of the Act and ushers in significant reforms aimed at modernising Nigeria’s capital market. A key change […]
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 MoreSEC Halts Centurion Registrars’ Operations
The Securities and Exchange Commission (SEC) has suspended Centurion Registrars Limited, along with its sponsored individuals and directors, from participating in any capital market activities due to unresolved complaints. In a statement dated March 14, 2025, the SEC said the suspension, which takes immediate effect, was enforced under its regulatory authority as stipulated in Section […]
Read MoreSEC Warns Against Investing In Unregistered Platforms
The Securities and Exchange Commission (SEC) has issued a warning to Nigerians, advising against investments in Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society, popularly known as Stecs. In a circular released over the weekend in Abuja, SEC clarified that neither Risevest nor Stecs is registered or authorised to operate […]
Read MoreSEC Reports N3trn Milestone In Collective Investment Schemes For 2024
The Securities and Exchange Commission (SEC) has announced that Collective Investment Schemes (CIS) in Nigeria exceeded N3 trillion in 2024, highlighting the growing appeal of the capital market as a robust investment avenue. This development was revealed recently by SEC’s Director-General, Dr. Emomotimi Agama, during an interaction with reporters in Abuja. He explained that CIS […]
Read MoreFG Commits To Strengthening Nigeria’s Capital Market
The federal government has pledged to strengthen Nigeria’s capital market as a cornerstone for economic growth and wealth creation for its citizens. This commitment was reiterated by the Honourable Minister of State for Finance, Mrs. Doris Uzoka-Anite, during a weekend meeting with the board of the Securities and Exchange Commission (SEC) in Abuja. Mrs. Uzoka-Anite […]
Read MoreSEC DG Vows Stricter Clampdown On Ponzi Schemes In 2025
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has reaffirmed the regulator’s commitment to intensifying efforts against investment fraud, commonly known as Ponzi schemes, in 2025. In his recent New Year message to the capital market community, Dr. Agama highlighted plans to revamp regulatory frameworks to enhance detection, prevention, and accountability […]
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