Nigerian Exchange Group has partnered with the Federal Ministry of Women Affairs and Social Development to deepen women’s economic empowerment and promote gender inclusion in Nigeria’s capital market. The collaboration came to the fore during a strategic visit by the Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim, to NGX Group in Lagos on…
By Seun Ibiyemi The Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have partnered to tackle the growing threat of Ponzi schemes in Nigeria through a new Community Development Service (CDS) programme targeting corps members. The collaboration, sealed through a Memorandum of Understanding (MoU), is aimed at equipping young Nigerians with…
…Prosecutes suspects to boost investor confidence The Securities and Exchange Commission (SEC) has shut down more than 400 fraudulent investment schemes across Nigeria, with several suspects currently facing prosecution, as part of intensified efforts to safeguard investors and restore confidence in the capital market. This was disclosed by Bola Ajomale during the opening of the…
The Securities and Exchange Commission (SEC) Nigeria has inaugurated a dedicated Regulator–Financial Technology (Fintech) Clinic aimed at strengthening dialogue with Nigeria’s rapidly growing fintech ecosystem. In a notice issued in Abuja on Tuesday, the commission said the initiative is designed to ensure that innovation within the financial technology sector aligns with regulatory compliance while safeguarding…
By Seun Ibiyemi The Securities and Exchange Commission (SEC) has revoked the registration of Kensington Agro Trading Limited as a capital market operator with immediate effect. The company, which operated as a Commodity Broker/Dealer and Collateral Manager, lost its licence following regulatory action taken by the Commission in line with its statutory powers. Read also:Weak…
