Regulators - Page 14

Old Naira Notes Still Valid,CBN Insists

The Central Bank of Nigeria (CBN) has again clarified that the old N1000, N500, and N200 banknotes,are still valid. Mrs. Sidi Ali Hakama,Acting Director,Corporate Communications,clarified this in a statement made available to

December 14, 2024

by Mohammed Shosanya

Nigeria’s Commodities Need Global Acceptance,Says SEC

The Securities and Exchange Commission has emphasized the need to reduce the substandard commodities in the market and encourage global acceptance of commodities produced in Nigeria. Executive Commissioner Operations SEC, Mr. Dayo

November 9, 2021

SEC

SEC Boss Assesses Prospects Of Non-Interest Finance

The Director General of the Securities and Exchange Commission, Lamido Yuguda has stated that the Non-Interest finance segment holds great potentials in furthering the development of the capital market and the growth

November 4, 2021

SEC

Remittance:PenCom Commences Sanction On Defaulting Employers

The National Pension Commission has commenced clampdown on employers who deducted monthly pensions from employees’ salaries but failed to remit them to their Pension Funds Administrators. It has appointed recovery agents to

November 4, 2021

PENCOM

SEC Threatens To Wield Big Stick On Unethical Operators

The Securities and Exchange Commission has resolved to intensify monitoring and surveillance of the market and has vowed to apply stiff sanctions to any operator who engages in unethical conduct. Mr. Lamido

November 1, 2021

SEC

Pencom:Pension Assets To Hit N12.9tn

The National Pension Commission(Pencom),says assets under the Contributory Pension Scheme rose by N120bn in August, this year PenCom disclosed this in its latest unaudited report on pension funds industry portfolio,adding that the

November 1, 2021

PENCOM

Pencom:Pension Funds Invested In Banks Hit N2.05tn

The National Pension Commission(Pencom),has said that the total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The

October 25, 2021

PENCOM

Stanbic IBTC Pension Managers Boosts Women Empowerment In Nigeria

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC, recently held a webinar aimed at encouraging women empowerment and development in Nigeria. The virtual event tagged “Ladies

October 6, 2021

PENCOM

Bankruptcy Looms As SEC Records N9bn Deficits In Three Years

The Securities and Exchange Commission (SEC) has recorded N9 billion deficits in the last three years. The agency said this in a document submitted to the Senate Joint Committees on Finance, National

September 3, 2021

SEC

SEC Harps On Alternative Dispute Resolution In Capital Market

The Securities and Exchange Commission says it was ready to collaborate with relevant alternative dispute resolution professionals as a tool. to ensuring effective dispute resolution in the capital market. Mr. Lamido Yuguda,

August 19, 2021

SEC

SEC Explains Increased Unclaimed Dividends,Justifies Clampdown On Illegal Capital Market Operators

The Securities and Exchange Commission (SEC),says the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020. The Director-General, SEC, Mr Lamido Yuguda, who disclosed this

August 15, 2021

SEC

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