By Our Correspondent Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday announced it will today Wednesday May 15 2013 inaugurate its nine (9) member newly reconstituted Administrative Proceedings Committee (APC). This was contained in a Press Statement from Yakubu Olaleye, Head, Media of Nigeria’s SEC and made available to InvestAdvocate […]
Tag: Securities and Exchange Commission
SEC postpones compliance date for e-dividend
As a result of the feedback received from various stakeholders in the capital market, the Securities and Exchange Commission on Friday postponed the deadline for the transition from the use of dividend warrants to e-dividend payment. According to SEC the deadline, which was originally slated for June 3, 2013, has […]
Shareholders condemn SEC declaration on dividend warrants
Shareholders have decried the planned move by the Securities and Exchange Commission to suspend the issuance of dividends warrants if they do not subscribe to e-dividend payout. The shareholders, who spoke to our correspondent in separate interviews on Thursday, said that it was not right for SEC to give shareholders […]
