Finance articles

PHOTOS: SEC takes e-Dividend campaign to South East

PHOTOS: SEC takes e-Dividend campaign to South East

The Securities and Exchange Commission (SEC) on Thursday December 6, 2018, took its enlightenment campaign to the South East. Below are some the photos from the event.   , at the Enlightenment program on e-Dividend and contemporary issues in the Nigerian Capital Market held in Enugu, Thursday Representative of the Department of State Security, Mr.

African Economic Conference (AEC2018): Moving the Africa Free Trade Area agreement ahead with quick win solutions

A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but policy makers say there is time enough – and practical solutions – to move the process ahead. The African Continental Free Trade (AfCFTA) area aims

SEC launches Green Bond Rules

The Securities and Exchange Commission of Nigeria (SEC) officially launched the Green Bonds Issuance Rules at a ceremony yesterday. Following a series of engagements with stakeholders and Capital Market Operators, the SEC rolled out its rules on Green Bonds on October 12, 2018. The SEC has collaborated on several occasions with the Green Bonds Market

Journalists charged on responsible coverage reporting of the capital market

The role of journalists in the development of the Nigerian capital market has been identified as critical and indispensable. Olisa Egbunike, a journalist, who recently retired from the service of the News Agency of Nigeria (NAN) as Deputy Editor-in Chief, made the observation at the 2018 edition of the Securities and Exchange Commission (SEC) Journalists

SEC e-dividend campaign to berth in South East December 6

In a move to further enlighten investors and the general public on the process and benefits of e-Dividend, multiple subscription, e-processes and other contemporary issues in the Nigerian Capital Market, the Securities and Exchange Commission (SEC), Nigeria through its Port Harcourt Zonal Office will be holding a Town Hall meeting with stakeholders and the general

SEC extends Multiple Subscription deadline to Dec 2019, pledges to tackle identity theft

In a move to ensure more investors regularize their accounts thereby reducing the volume of unclaimed dividends in the Nigerian capital market, the Securities and Exchange Commission, SEC has announced an extension of forbearance on such accounts to December 31, 2019. This among others was part of the decisions reached at the end of the

SEC Holds Third CMC Meeting 2018

The Securities and Exchange Commission (SEC) has announced that the Third Capital Market Committee (CMC) meeting in 2018 has been scheduled to hold from Wednesday November 14th to Thursday November 15th 2018 at the Federal Palace Hotel, Victoria Island, Lagos. While the key stakeholders in the capital market will meet on November 14th, members of

SEC’s CMC inaugurates FinTech Roadmap Committee 

The Capital Market Committee (CMC) has inaugurated a market-wide FinTech Committee to come up with a FinTech Roadmap for the Nigerian Capital Market. Inaugurating the Committee which has Mr. Ade Bajomo, Executive Director is Access Bank as Chairman, during the 3rd Quarter CMC meeting in Lagos Wednesday, Acting Director General of the Securities and Exchange

Development of Capital Market Studies curriculum to boost Investor Education- SEC

The Securities and Exchange Commission (SEC) has restated its commitment to further educate and enlighten investors in the Nigerian capital market to enhance their ability to make informed investment decisions.  The Acting Director-General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk who stated this at the Planning and writing workshop for the development

ADB launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers

The African Development Bank (AfDB) ( and African Trade Insurance Agency (ATI) have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa. This transaction is expected to have an important demonstration effect to encourage similar institutions to invest more

Vibrant Commodities Exchange will aid Economic development – SEC

The Securities and Exchange Commission, SEC has said that a more organized Commodities Exchange Market in the country would enhance efficiency and lead to economic growth and development. The Ag. Director General of the SEC Ms. Mary Uduk started this when she received members of the Commodities Trading Ecosystem Implementation Committee in her office in

FSD Africa and Securities and Exchange Commission collaborate to strengthen the capital market in Nigeria

The Securities and Exchange Commission, Nigeria (SEC Nigeria) has become the first capital market regulator to participate in a flagship pan-African programme designed to strengthen the continent’s capital markets. Over a three-year period, FSD Africa, a UK Aid funded non-profit company, will provide funding to build the capacity of capital market regulators across the continent,