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Market Operators Demand Single License from CBN, SEC

    To facilitate a more robust and deeper financial market, operators in the Nigerian capital market have urged the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing lincense to access Discount Window. The operators are currently being regulated by the ...

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Q3 2017 Report: Zenith Bank Records Average Performance

    Zenith Bank Records Average Performance In our assessment, relative to the banking industry, Zenith Bank Plc recorded average performance for 9mths to September 2017. Taking into consideration relevant ratios, we arrived at a ‘Bb’ rating. Given its performance, plus an upside of 15.62% to its target price of ...

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Gwarzo’s Suspension: I cannot be blackmailed – Adeosun

  The Honourable Minister of Finance, Kemi Adeosun on Friday said that she will not be blackmailed by the suspended former Director General of the Securities and Exchange Commission(SEC) Mounir Gwarzo. The minister in a statement signed by her special Adviser, Media & Communications Oluyinka Akintunde,  frowned at some misleading and ...

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NSE Website Ranked the Best among African Exchanges

      The Nigerian Stock Exchange (NSE or the Exchange), the sustainable exchange championing Africa’s growth, is now the highest ranked stock exchange website in Africa. The latest Alexa rankings place NSE website (www.nse.com.ng) among the top 100,000 most popular websites in the world, ahead of 26 other African ...

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SEC insist on Forensic audit into activities of Oando

BY NKECHI NAECHE—-Less than a week after the suspension of the former Director General of the Securities and Exchange Commission( SEC), Mr. Mounir H. Gwarzo, the commission on Tuesday reiterated its readiness to conduct a Forensic Exercise into the activities of Oando Plc. This commitment is contained in a letter dated December ...

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FG appoints Dr. Abdul Zubair as acting DG SEC

        The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. In view of the foregoing, the SEC ...

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Breaking News: FG suspends DG SEC, Two others over allegations of financial impropriety

Mounir H. Gwarzo     BY NKECHI NAECHE—-The federal government through the  Honourable Minister of Finance, Mrs. Kemi Adeosun, on Wednesday suspended the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo, from Office, to allow for an unhindered investigation of several allegations of financial impropriety leveled ...

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Morison Opens 836.98 Million Rights Issue

Dealing Members are hereby notified that the Rights Issue of Morison Industries Plc of 836,983,125 ordinary shares of 50 Kobo each at the offer price of 60 Kobo per share on the basis of eleven (11) new ordinary shares for every two (2) ordinary shares held as at 25 August ...

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Forensic Audit: Court strikes out Oando’s case against SEC

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its shares. The presiding judge, Justice Mohammed ...

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