Archives for CAPITAL MARKET - Page 69
FG suspends SEC DG, Gwarzo two others over alleged financial corruption
The Director-General of the Securities and Exchange Commission, Mounir Gwarzo, was Wednesday suspended by the Finance Minister Kemi Adeosun following allegations of financial impropriety leveled against him. Also…
Capital Market Operators urged to adapt to new business environment – Gwarzo
The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has urged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and…
E-dividend registrants record 2.2 million at end of Oct. 2017… SEC, insists on Dec 2017 deadline
The Security and Exchange Commission (SEC) today disclosed that total number of investors who have registered in the ongoing free electronic dividend registration between January and October 2017…
2018 Budget lacks capacity to drive growth ….. Experts
Experts have described 2018 budget recently presented by President Muhammadu Buhari to the National Assembly as being over ambitious and lacks capacity to drive growth. One of the…
Capital Market scam: Okumagba absent as Case adjourned to January 25
DG SEC, Mounir Gwarzo Chief Magistrate Chinyere Elewe Nwecheonwu of Chief Magistrate Court Zone 6, Abuja on Monday adjourned till January 25, 2018, further hearing on the…
Oando returns to profitability, posts N7.1 bn PAT in 9 months
By Ngozi Onyeakusi .... In spite all odds, Oando Plc. has made a nice outing for the nine months ended September 30, 2017, as its profit after tax…
SEC arraigns Man over Capital Market Identity scam
The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before…
SEC Introduces Capital Market Development Fund
From NGOZI Onyeakusi ... The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF) Speaking at the inauguration of…
Nigerian Breweries posts N23.9 billion PAT in 9 months
By NGOZI Onyeakusi ..... Nigerian Breweries Plc. has posted Profit after tax of billion for the nine months ended September 30, 2017, from the billion posted in the same…
SEC D-G, Mounir Gwarzo in trouble, accused of fraud
Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC), allegedly got a severance package of N104 million from the same commission shortly after he was named DG in 2015.…
