Former Chairman of the House of Representatives Committee on Capital Market, Hon. Herman Hembe and his deputy, Hon. Chris Azubogu who are being prosecuted by the Economic and Financial Crimes Commission, EFCC for a $4,095 estacode scam, have a case to answer, a statement by the EFCC said Wednesday. An […]
Tag: SEC
SEC Exclude Bank Stocks as Collateral for Margin Activities
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Thursday said it has excluded bank stocks from being used as collateral for margin trading transactions on the Nigerian Bourse. This is according to a News Release from the Commission signed by Yakubu Olaleye, Head, Media of the SEC […]
More Shareholders Kick against SEC on e-Dividends
More shareholders have kicked against the plan by the Securities and Exchange Commission (SEC) to suspend the issuance of dividend warrants if they fail to embrace electronic dividend after June 3, 2013. SEC had in an advertorial expressed dismay at the unprecedented increase in the size of unclaimed dividends in […]
