By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Friday said it has invited the BGL Group which consists of BGL Securities Limited, BGL Assets Management Limited and their sponsored individuals to appear before the Administrative Proceedings Committee (APC). “This follows the receipt of ten (10) new […]
Tag: Securities and Exchange Commission
Notification of Effective Date of New Rule
Click here to view Monday, January 4, 2016/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rule set out below. NOTICE IS HEREBY GIVEN THAT, the following Rule, which was approved by the SEC on 5 June 2014, has become effective […]
Stockbroker sentenced to 7 years imprisonment for unauthorized sale of shares
January 1, 2016/SEC The Securities and Exchange Commission (SEC) wishes to inform the investing public that Mr. Tajudeen Folaji, a former stockbroker with First Alstate Securities Limited, has been sentenced to seven years imprisonment by the Lagos State High Court presided over by Justice Kudirat Jose. The court found him […]
