Tinubu appoints new Board for Securities and Exchange Commission
President Bola Tinubu has approved the appointment of the following Nigerian professionals to the Board of the Securities and Exchange Commission (SEC): (1) Mr. Mairiga Aliyu Katuka — Chairman…
Exclusive: 52 years after, GlaxoSmithKline winds up in Nigeria; 290 staff to lose jobs
A good 52 years after it was incorporated in Nigeria, GlaxoSmithKline Consumer Nigeria PLC has served notice of quitting operations in Nigeria with over 290 staff set to lose their…
The Financial System and Economic Parameters, By Arize Nwobu
In a recent press report, President Bola Ahmed Tinubu said, among other things, that the financial system was ‘’rotten.’’ The President did not elaborate on why he gave such a…
Stakeholders set for Nigeria’s Financial Inclusion Roundtable At Oriental News Nigeria Confab
All roads lead to Sheraton Hotel, Lagos as key stakeholders in Nigeria’s financial sector would engage in a robust roundtable discussion on governments key policy which centers around inclusive…
SEC contributes N1.5bn to Treasury account, targets profit in 2 years
September 5, 2021 The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within the next two years. The Director-General of…
SEC disowns Famzhi Interbiz, says company facing prosecution; warns public
The Securities and Exchange Commission (SEC) has disclaimed the activities of Famzhi Interbiz Limited saying that neither the entity nor their products are registered or regulated by the Commission. Mrs…
SEC seeks ways to revive moribund investments, attract more
The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country. A statement by the…
SEC tasks MTN Group on filing of IPO application for NSE listing
The Securities and Exchange Commission (SEC), on Friday tasked MTN Group on official filing of Initial Public Offering (IPO) which gathered media momentum in the last couple of months. Speaking…
To mitigate risk, diversify your investments, Uduk tells investors
The Securities and Exchange Commission (SEC) on Wednesday stressed the need for retail investors to diversify their investment portfolio in order to mitigate risk. Ms Mary Uduk, SEC Acting Director-General,…
Alleged Kalu’s N3.2bn fraud charge : EFCC’s 16th witness gives details of Abia Govt House transactions
April 16, 2018 The Economic and Financial Crimes Commission (EFCC) on Monday called its 16th witness before a Federal High Court in Lagos in the ongoing trial of a former…