Investors in Nigeria’s power assets may be required to list on the Nigerian Stock Exchange (NSE) in the next five years as the bourse targets a $1 trillion market value by 2016. The Director-General, Securities and Exchange Commission (SEC), Arunma Oteh, disclosed this in an interview with Bloomberg. The government […]
Tag: Securities and Exchange Commission
SEC seals fund manager’s office
In line with its zero tolerance for fraudulent activities of any sort, the Securities and Exchange Commission, on Tuesday, sealed the office of an alleged illegal fund manager, Avenue to Wealth. This action, according to SEC, follows several months of complaints by subscribers to the fund of some hidden dealings. […]
Oteh Lists Benefits of N22.6bn Forbearance Package
The Director-General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, has commended the Federal Government on the N22.6 billion forbearance package for 84 stockbroking firms, saying the move would assist in boosting the market recovery. Speaking last week in Abuja, Oteh noted while the forbearance would improve the […]
