Securities and Exchange Commission (SEC)

Stories by Babajide Okeowo The Securities and Exchange Commission (SEC) has cancelled a court-ordered meeting that approved the acquisition of minority shares by the majority core investor in Continental Reinsurance…

Babajide Okeowo The Securities and Exchange Commission (SEC) has moved to find an enduring solution to the perennial unclaimed dividend issue. Last week, SEC cut the turnaround time for processing and transferring shares from dead…

The Nigerian Stock Exchange (NSE) on Friday postponed the planned cross border secondary listing of 3,758,151,504 ordinary shares of Airtel Africa. The Exchange, in a mail, said that the postponement was necessitated by the need to…

The Securities and Exchange Commission (SEC) says it has commenced the implementation of the report of its Technical Committee on Commodities Trading Ecosystem. The Acting Executive Commissioner (Operations) of SEC, Mr. Isyaku Tilde,…

Some capital market operators on Tuesday commended the newly inaugurated board of the Securities and Exchange Commission (SEC), but charged them on the appointment of a substantive director-general for the commission. They made the…

The Federal Government will on Monday inaugurate the board of the Securities and Exchange Commission (SEC) to be chaired by Mr. Olufemi Lijadu. The News Agency of Nigeria (NAN) reports that the board’s constitution is coming four years…

 Airtel Africa Plc, the second largest telecommunications group in Africa is set to sell its shares to Nigerian investors at between N363 and N454 per share. The company in an offer prospectus obtained by the News Agency of Nigeria (NAN)…

A Civil Society Organisation (CSO), Initiative for Leadership and Economic Watch in Nigeria (ILEWN), has urged the Securities and Exchange Commission (SEC) to review the sanction it placed on Oando Plc to give room for equity and justice.…

The Securities and Exchange Commission (SEC) has suspended till further notice,  Oando Plc’s Annual General Meeting (AGM) scheduled to hold on Tuesday. The suspension  followed an order by a Federal High Court in Lagos due to an…

The Securities and Exchange Commission (SEC) on Sunday said that Oando Plc was given sufficient opportunity of being heard before they were penalised. The commission said in Lagos that there were various opportunities by the company to…