Tag: Securities and Exchange Commission

Capital Market Regulators Move to Enhance Surveillance

The Board of the International Organisation of Securities Commissions (IOSCO) last Monday moved to enhance effective surveillance in capital markets across the globe  by publishing its final report on technological challenges to effective market surveillance and made necessary recommendations on how to overcome those challenges. IOSCO is the leading international […]

SEC Lifts Suspension on Ecobank

Press Release The Securities and Exchange Commission (SEC) has  lifted the suspension   on Ecobank Nigeria from  acting as  receiving bank or perform any  other activities  in the Nigerian capital market  for allegedly  conniving with  Arian Capital Management Limited,  to convert shares of its client, Avil Services Limited. SEC had last […]

Unclaimed Dividends: Registrars Want Committee’s Report Implemented

Capital market registrars in the country have urged the Securities and Exchange Commission (SEC) to implement the recommendations of the Registrars Information Technology Infrastructure Review Committee as a way of resolving all share registration challenges in the market. Rising unclaimed dividends and delay in certificate verification, among others, are some […]