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 »
THE Securities and Exchange Commission (SEC) is currently developing new rules aimed at ensuring that all eligible transactions on regulated cryptocurrency exchanges are brought into the formal tax net. According to a Bloomberg report, the SEC disclosed this in an email response to the publication’s questions. SEC stated that the …
Read More »
NIGERIA through the Securities and Exchange Commission (SEC) announced on Thursday that it has granted “Approval-in-Principle” to two digital asset exchanges under its Accelerated Regulatory Incubation Program (ARIP). The Commission said the move aligns with its ongoing efforts to foster innovation in the capital market while ensuring investor protection. The …
Read More »
The Securities and Exchange Commission has warned the public against investing in the meme coin allegedly linked to the popular Nigerian singer, David Adedeji Adeleke, popularly known as Davido. This was contained in a statement posted on the commission’s website on Friday. The SEC warned that anyone who patronises the …
Read More »
THE Securities and Exchange Commission of Nigeria increases the registration fee for crypto exchanges from N30 million to N150 million. Nigeria’s Securities and Exchange Commission (SEC) has suggested a modification to the registration fee for platforms that provide Crypto Exchange services, increasing it from 30 million naira ($18,620) to 150 …
Read More »
THE Securities and Exchange Commission has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms claiming to offer investment and finance services or products. In a circular made available to The PUNCH on Monday, the commission said that the blacklisted firms were not registered with …
Read More »
THE Securities and Exchange Commission says the redesigned electronic Dividend Mandate Management System platform will be inaugurated on July 31. The Director-General of SEC, Mr Lamido Yuguda, said this at the first quarter post-Capital Market Committee media briefing in Abuja on Thursday. The e-DMMS portal utilises the Nigeria Inter-Bank Settlement …
Read More »
The Securities and Exchange Commission (SEC) has stated that it will work towards infusing capital market studies into secondary schools’ curriculum in the drive to digitalise the economy through the financial inclusion policy. This waa stated by Lamido Yuguda, director general, SEC at the inaugural conference of Oriental News Nigeria, themed …
Read More »
