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All posts tagged "SEC"

  • SEC appoints First Bank as lending agent for NSE’s transactions

    The  Securities and Exchange Commission (SEC) may have appointed First Bank of Nigeria as a Securities Lending Agent (SLA) for equities and bond transactions on the Nigerian Stock Exchange (NSE). With the appointment, First Bank has joined...

    • Posted February 12, 2013
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  • Presidency threatens to return 2013 budget to National Assembly

    After many meetings between the National Assembly and the Presidency on the 2013 budget, there were indications Sunday that the Presidency might throw back the appropriation bill at the legislature. The Presidency is unhappy with the final...

    • Posted February 4, 2013
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  • Capcom eyeing acquisition of Zoom, Intercellular networks

    Following the smooth acquisition of Starcomms, Multi-links and MTS First Wireless, there are strong indications that Capcom Limited is also considering the acquisition of Zoom Mobile and Intercellular. While Capcom awaits SEC’s approval to enable it merge...

    • Posted January 31, 2013
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  • Regulators Must Do More To Increase Domestic Investors Confidence – Experts

    The Progressive Shareholders Association Of Nigeria (PSAN) has called on regulators to do more to increase the activities of domestic investors in the Nigerian Stock Exchange. The shareholders group lamented the huge influx of foreign investment on...

    • Posted January 28, 2013
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  • SMEs Need More Encouragement From Capital Market Regulators – Omatek Boss

    Small and Medium Enterprises operating in the country believe that the capital market regulators comprising of the Securities and Exchange Commission (SEC) and the management of the Nigerian Stock Exchange (NSE) can do more to encourage SMEs....

    • Posted January 23, 2013
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  • SEC Withdraws License Of Capital Market Operators (LIST)

    The general public is hereby notified that the registration of the underlisted Capital Market Operators have been withdrawn. The Nigerian Stock Exchange (NSE), the Chartered Institute of Stockbrokers (CIS), the Institute of Capital Market Registrars (ICMR) and...

    • Posted January 2, 2013
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  • Failure To Pass SEC Budget May Lead To Renewed Capital Market Crisis – LCCI

    The Lagos Chamber of Commerce and Industry (LCCI) has raised alarm over the failure of the National Assembly to pass the budget of the Securities and Exchange Commission (SEC) for 2013. The body voiced its concerns in...

    • Posted January 1, 2013
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  • Regulation​s For Islamic Sukkuk Bonds Ready Early 2013

    The Securities and Exchange Commission (SEC) has signalled that it will pass regulation governing the issuance of Islamic-compliant Sukkuk bonds in the first quarter of 2013. The DG, of SEC, Arunma Oteh disclosed this to journalists interviewing...

    • Posted December 28, 2012
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  • Imo LG Chairmen Want N13.7 billion Bond Investigated

    As a way of showing their dissatisfaction and unhappiness over the way the state public funds are managed, especially as regards the allocation for the local governments, ousted chairmen of the local governments under the auspices of...

    • Posted December 18, 2012
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  • 12 Wonder Banks Shutdown by SEC

    The Securities and Exchange Commission (SEC) has shut down the operations of 12 illegal financial institutions also identified as ‘wonder banks’. A highly placed source who spoke with The Guardian yesterday, also disclosed that the case files...

    • Posted October 3, 2012
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