Investors Bite

SEC Proposes New Rules for Capital Market Holding Companies

17/1/2017/SEC NEW RULE: CAPITAL MARKET HOLDING COMPANIES RULES This Rule is proposed to create a robust framework for the regulation and supervision of Capital Market Holding Companies (CMHC). The Rule encompasses the entire spectrum of the regulation of CMHCs: pre-registration requirements, registration requirements, corporate governance structure, ownership and control, permissible […]

SEC Extends Free E-Dividend Registration to 30th June 2017

17/1/2017/SEC The Securities and Exchange Commission (SEC) is pleased to notify the investing public that in a bid to curb the growth of unclaimed dividend in the capital market, it will continue to underwrite the cost of E-Dividend enrolment till 30th June, 2017. And with a view to ensuring all investors benefit […]

Over N30b unclaimed dividends paid so far – SEC

January 16, 2017/SEC ……….Extends Free Registration Period   The Securities and Exchange Commission (SEC) has stated that over the sum of N30b has so far been paid to investors in the Nigerian capital market from the backlog of unclaimed dividends.   As a means to further reduce the unclaimed dividends […]