NGX Regulation Limited, the regulating body of the Nigerian Exchange Group (NGX Group) has imposed a sum of N291. 29 million sanctions on CSL Stockbrokers Limited, Cowry Securities Limited, Meristem Stockbrokers Limited, SMADAC Securities Limited and Associated Asset Managers Limited over stock market infractions. Ugochi Eke on behalf of the NGX Rego …
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Why Ponzi Scheme Victims in Nigeria Mostly Women – SEC D-G
THE Securities and Exchange Commission (SEC) says victims of Ponzi schemes in the country were mostly women. Dr Emomotimi Agama, Director-General, SEC, said this on Thursday in Abuja, at an event to mark the International Women’s Day (IWD) celebration organised by the commission. Agama said that there was therefore the …
Read More »Laolu Martin’s – Death Of The Kings Horseman
At 3am this morming, I got a disclaimer notice from a top ranking member of NISL Board. He had spoken to me earlier in the week- Edgar, we are issuing a disclaimer on your friend and would like for you to assist in pushing it out. It came this morning …
Read More »SEC board finally inaugurated as FG task members on market stability
The Federal Government on Monday inaugurated the board of the Securities and Exchange Commission with a directive to the board to make the stability of the capital market a cardinal objective. The nine-member board under the chairmanship of Mr. Olufemi Lijadu was inaugurated by the Permanent Secretary in the Ministry …
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