securities and exchange commission (sec) news

  1. Nigeria Business News

    Business Why SEC ordered Oando’s Wale Tinubu to resign – Nairametrics

    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.... Read more via Nairametrics – http://bit.ly/2YXXQDR Get...
  2. Nigeria Business News

    Business Tinubu’s suspension will bring sanity on NSE – operators – Pulse Nigeria

    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.... Read more via Pulse Nigeria – http://bit.ly/2QzxEwz Get more: Nigeria Business News
  3. Nigeria Business News

    Business Oando to Challenge SEC’s Ruling On Forensic Audit – Leadership Newspaper

    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..... Read more via Leadership Newspaper – http://bit.ly/2wy4NQ6 Get more: Nigeria Business News
  4. Nigeria Business News

    Business Court Orders Reinstatement Of Suspended SEC DG, Gwarzo – Leadership Newspaper

    The National Industrial Court, Abuja, on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended director-general of the Securities and.... Read more via Leadership Newspaper – http://bit.ly/2YYMxLD Get more: Nigeria Business News
  5. Nigeria Business News

    Business Finance Minister has no power to suspend SEC DG – Industrial Court – Vanguard News

    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.... Read more via Vanguard News – http://bit.ly/2QzJzdC Get more: Nigeria Business News
  6. Nigeria Metro News

    Metro Stay off ‘Loom Money Nigeria’, SEC warns – TheCable

    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.... Read more via TheCable – http://bit.ly/2Edhdkl Get More Nigeria Metro News
  7. Nigeria Business News

    Business MTN Registers 20.35bn Shares With SEC – Leadership Newspaper

    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...
  8. Nigeria Business News

    Business SEC urges deceased investors’ beneficiaries to claim dividends – Newtelegraph

    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.... Read more via Newtelegraph – http://bit.ly/2GLGN0y Get more: Nigeria Business News
  9. Nigeria World News

    World Uber Generates $11bn Full Year Revenue – Leadership Newspaper

    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..... Read more via Leadership Newspaper – http://bit.ly/2VLXaAj Get more World News
  10. Nigeria Business News

    Business Firm asks SEC to stop MTN from listing shares on stock market – The Guardian Nigeria News

    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 … Read more via The Guardian Nigeria News – Nigeria and...
  11. Nigeria Business News

    Business Access/Diamond one step away from conclusion of merger – Nairametrics

    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.... Read more via Nairametrics...
  12. Nigeria Business News

    Business SEC arraigns firm, boss over alleged illegal sale of N58m NB, Guinness shares – The Guardian Nigeria News

    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 … Read more via The Guardian...
  13. curator

    Business Elon Musk charged with fraud – Autoexpress

    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... Read more via Autoexpress –...
  14. curator

    Business Concern Mounts over SEC’s Failure to Publish Accounts – Thisdaylive

    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 …...
  15. curator

    Business IPMAN petitions AGF, IGP, EFCC, others over NIPCO’s planned AGM – The Guardian Newspaper

    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.... Read more via The Guardian Newspaper – https://ift.tt/2NVGL8R Get more: Nigeria Business News
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