Investors Bite

SEC Targets More Retail Investors

March 1, 2016/SEC The Securities and Exchange Commission (SEC) has said that the Commission aims to attract more retail investors into the Nigerian capital market in its determination to deepen and develop the market.   Director General of the SEC, Mounir Gwarzo stated this when the Commission received members of […]

OER Says Shareholders Approve “Plan of Arrangement” with Oando Plc

February 25, 2016/OER Oando Energy Resources Inc. announced that at a special meeting of its shareholders held today, its shareholders overwhelmingly approved the previously announced plan of arrangement (the “Plan of Arrangement“) with Oando PLC and Oando E&P Holdings Limited (the “Purchaser“), which will culminate in the Purchaser acquiring all […]

SEC, Judiciary collaborate on Investor Protection

February 24, 2016/SEC The Securities and Exchange Commission (SEC) and the Nigerian Judiciary have pledged to collaborate in a bid to boost investor confidence in the dispute resolution mechanisms available in the Nigerian capital market. Director General of SEC, Mounir Gwarzo disclosed this at the 2016 Judges Workshop organized in […]