Tag: Securities and Exchange Commission

SEC Gets Oba of Lagos Commendation on e-Dividend

February 10, 2016/SEC ……….Urges Nigerians to Register  The Oba of Lagos, Oba Rilwan Akiolu has commended the Securities and Exchange Commission (SEC) on the on-going e-Dividend registration  even as he urged Nigerians to take advantage of the exercise to ensure that they receive returns on their investments in the capital […]

SEC receives 1,500 petitions on bank charges, others

In the last one month, the Securities and Exchange Commission has received over 1,500 complaints from shareholders of quoted companies, investigations have revealed. Our correspondent gathered on Sunday that the complaints bothered on bank charges, non-payment of dividends by some quoted companies even after declaring profits, and delays in getting […]

NSE Releases Interpretative Guidance on Index Circuit Breakers’ Rule

February 5, 2016/NSE The Nigerian Stock Exchange (“The Exchange” or “the NSE”) today announced that it has released its Interpretative Guidance on the Circuit Breakers’ Rule, Rule 15.46 of the Rulebook of The Exchange, 2015. The Rule became effective on January 15, 2016. The Exchange also notified the market of […]