The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). According to the SEC in a circular, on Wednesday, the exercise was…
The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The commission raised the alarm in a notice issued on Thursday and made…
The Federal High Court in Abuja on Thursday, gave the Economic and Financial Crimes Commission (EFCC) the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over…
The Securities and Exchange Commission (SEC) has stated that Crypto Bridge Exchange (CBEX) was never granted registration to operate as a digital assets exchange in Nigeria. Dr. Emomotimi Agama, Director-General…
The Nigerian stock market on Thursday rebounded with a gain of N377 billion on the Nigerian Exchange Ltd. Market capitalisation rose by N377 billion or 0.58 per cent to close…
Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or…
President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the Investments and Securities Act No. 29 of 2007. This landmark legislation strengthens the legal…
The Securities and Exchange Commission (SEC) says it has reduced the time it takes for companies to obtain approval for offers to two weeks. The commission said this in a…
The Central Bank of Nigeria(CBN) through its Financial Services Regulation Coordinating Committee (FSRCC) has advised Nigerians to stop dealing with unlicensed or illegal financial operators in the country. The CBN…
The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market. A statement by the Commission in Abuja on Sunday, said Mr. Lamido…