The Securities and Exchange Commission (SEC), has ordered Oando Plc‘s Group Chief Executive Officer (CEO), Wale Tinubu to resign from his position over serious infractions including false disclosures, market abuses, amongst others....
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Operators on the nation bourse on Friday said that suspension of two directors of Oando Plc from public companies for five years would bring sanity to the capital market....
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Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) ruling on the outcome of its forensic audit. The company made the disclosure in a statement issued in.....
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The National Industrial Court, Abuja, on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended director-general of the Securities and....
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The National Industrial Court, yesterday in Abuja, ordered the immediate reinstatement of Mounir Gwarzo, the suspended Director-General of the Securities and Exchange Commission (SEC), back to his position....
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The Securities and Exchange Commission has warned Nigerians against “fraudsters” currently running an online investment scheme tagged “Loom Money Nigeria.’’ Mary Uduk, acting director-general of the commission....
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MTN Nigeria Communications yesterday said it has successfully completed the registration of 20.35 billion ordinary shares of two kobo each with the Securities and Exchange Commission (SEC).
In a statement sent to LEADERSHIP, it said the completion of this process sets in motion the next steps...
The purpose of the enlightenment programme is to give participants an understanding of the operations of the capital market. In a bid to further reduce the quantum of unclaimed dividends in the....
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Technology ride-hailing company, Uber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users according to its IPO paperwork filed with the Securities and.....
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The law firm of Charles Mekwunye and Co has asked the Securities and Exchange Commission (SEC) to immediately stop telecoms firm, MTN from listing it shares on the Nigerian stock market.
The post Firm asks SEC to stop MTN from listing …
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In separate notices sent to the Nigerian Stock Exchange (NSE) today, Access Bank and Diamond Bank both announced they had obtained final approval from the Central Bank of Nigeria (CBN) and Securities and Exchange Commission (SEC) to the proposed scheme of merger....
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The Securities and Exchange Commission (SEC) has said that the Managing Director (MD) of Brentonwoods Limited, Samuel Adebanjo and his company have been charged before Justice Muslim Hassan of the Federal High Court 12, Ikoyi, Lagos, on a two-count charge of …
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Elon Musk, the chief executive and co-founder of Tesla, has been charged with securities fraud and could lose control of his company as a result. The allegations come as the American Securities and Exchange Commission (SEC) alleges tweets by...
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The failure of the Securities and Exchange Commission (SEC) to publish its annual accounts since 2014, a development that violates the Investment and Securities Act (ISA) 2007, Code of Corporate Governance and extant rules at the capital market has continued to cause anxiety in the market. But …...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has petitioned the Attorney General of the Federation (AGF) and Inspector General of Police (IGP), seeking to stop the....
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