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Capital

SEC: T+1 Settlement Transition Recording No Defaults

The Securities and Exchange Commission (SEC) has said the adoption of the T+1 settlement cycle in Nigeria’s capital market is going on smoothly,...

Capital

Dangote Launches N2.15tn IPO, Targets 10 Million Retail Investors

Dangote Petroleum Refinery and Petrochemicals has launched a N2.15 trillion Initial Public Offer (IPO), targeting about 10 million retail investors, offering Nigerians and...

Capital

SEC Moves To Regulate Online Forex Trading, Targets Offshore Platforms

Securities and Exchange Commission (SEC) has proposed new rules to regulate online forex Contract for Difference (CFD) trading in Nigeria, including services offered...

Insurance World

ASHON Raises Alarm Over Universal Insurance Licence Revocation, Cites Threat to Market Confidence

The Association of Securities Dealing Houses of Nigeria (ASHON) has raised the alarm over the revocation of Universal Insurance Plc’s operating licence by...

News

SEC Sets 5:00 p.m. T+1 Settlement Deadline for Equities and Commodities

BY NKECHI NAEVHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has officially established 5:00 p.m. on the first business day following a transaction (T+1) as...

Capital

SEC Recommends Capital Market Financing for FCT Infrastructure

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has outlined how the Federal Capital Territory Administration (FCTA) can leverage...

Insurance World

Guinea Insurance Surpasses Minimum Capital Requirement with Successful Capital Raise

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise,...

Capital

SEC Commits to Evidence-Based Regulation, Invites Academic Partnership

BY NKECHI NAECHE-ESEZOBOR—The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has reaffirmed the Commission’s commitment to evidence-based regulation, urging closer collaboration...