SEC - Page 5

Don’t Invest In Pro-Vest, My Share Schemes, SEC Warns

The Securities and Exchange Commission, has warned Nigerians against investing in unregistered investment schemes including Promiseland Estates Limited and Promiseland Building & Construction Limited which hold themselves out as Investment Advisers/Fund Managers

March 7, 2025

by Mohammed Shosanya

NDIC Settles 248 Complaints, Recovers N8.3bn From Banks

The Nigeria Deposit Insurance Corporation (NDIC), resolved 248 complaints from its prospective depositors and recovered over N8.3 billion from their respective banks. Its Managing Director, Mr. Bello Hassan, disclosed this at the

December 12, 2022

NAICOM·Regulators·SEC

Fund Managers Withholding Clients’ Funds Risk Sanction -SEC

Fund managers who still in the habit of holding on to clients funds and securities should desist from the act or face the wrath of the Securities and Exchange Commission,SEC,its Director General,has

November 28, 2022

Regulators·SEC

Commodities Exchanges Must Protect Investors-SEC

The Securities and Exchange Commission has implored commodities exchanges in the country to have investor protection at the centre of their operations in a bid improve investor confidence and attract more investors.

November 17, 2022

Regulators·SEC

We’re Ready To End Ponzi Scheme -SEC

The Securities and Exchange Commission will partner relevant stakeholders in its drive to ensure that illegal fund managers are not allowed to thrive in the country. Mr. Mohammed Bagudu Waziri, Deputy Director

November 4, 2022

Regulators·SEC

SEC Celebrates Investors

The Securities and Exchange Commission, in collaboration with the Financial Literacy Technical Committee (FLTC), is set to join the rest of the world between today and Friday, 28 October, 2022, to celebrate

October 24, 2022

Regulators·SEC

Yuguda Explains Benefits Of Markets Integration

Director General of the Securities and Exchange Commission Mr. Lamido Yuguda has explained that the aim of the West African capital markets integration programme is the creation of an enabling environment for

October 20, 2022

Regulators·SEC

SEC Intensifies War Against Ponzi Schemes

Mr. Lamido Yuguda, the Director General of the Securities and Exchange Commission, says it will continuously collaborate and engage relevant agencies to phase out all Ponzi schemes operations in the capital market.

August 30, 2022

Regulators·SEC

SEC Threatens Sanction Against Operators Frustrating Reduction Of Unclaimed Dividends

Stiff penalties await stakeholders frustrating the Commission’s efforts to reduce the volume of unclaimed dividends in the country,Lamido Yuguda, the Director General of Securities and Exchange Commission (SEC),has warned. He gave the

August 22, 2022

Regulators·SEC

SEC Seeks Tax Exemption On Corporate Bonds

The Securities and Exchange Commission has implored the federal government to consider its proposal to exempt corporate bonds from the payment of tax. The Director-General of SEC, Lamido Yuguda,who said this a

August 22, 2022

SEC

SEC Harps On Protection Of Investors In Capital Market

The Securities and Exchange Commission,says has protection of investors in the capital market remains its top priority . Executive Commission Operations of the SEC, Mr. Dayo Obisan, disclosed this when he received

August 16, 2022

Regulators·SEC

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