SEC Issues New Rules on Issuance and Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC Nigeria) has introduced crucial New Rules on Issuance and Allotment by Private Companies Securities. These rules, when violated, can lead to significant penalties, emphasizing…
Access Holdings Vests 23.8 million Units of Shares on Senior Executives
Access Bank In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced…
Late Matthew Omodayo Owotuga Foundation’s Multifaceted Contribution …Enhancing Education and Community Spirit in Ondo State
L-R: Nelson Ogede, Chairman, Owotuga Foundation, Prof. Akinbo Adesomoju, Pro Chancellor/Chairman Governing Council of OAUSTECH, the executive Governor of Ondo State, Lucky Aiyedatiwa, represented by his Special Adviser on Education,…
Virtual Assets: SEC Goes Tough on Illegal Trading
Acting Director General of the SEC, Dr. Emomotimi Agama In a bid to rid the Virtual Assets space of illegal trading activities, the Securities and Exchange Commission has reaffirmed…
Dangote Cement says it’s committed to Capacity Building for Ogun Host Communities
The management of Dangote Cement Plc., Ibese Plant has assured that it would continue to complement the efforts of the Ogun State Government in the development of its host communities…
NGX Group Optimizes Operations Post-AGM, Releases Stellar Q1 ’24 numbers
Following its recently concluded Annual General Meeting, Nigerian Exchange Group Plc (NGX Group) has unveiled stellar Q1 2024 results, signaling a promising trajectory for the company. The Group reported an…
Transcorp Group delivers impressive Q1 2024 performance; sustains revenue growth of 173% and PBT of N45 bn
Owen Omogiafo Transnational Corporation Plc Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March…
Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years …As Q1 revenue rise by 20.1% to N122.7bn
L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Group Managing Director/CEO, Dangote Sugar Refinery Plc, Ravindra Singhvi ; Executive Director, Dangote Sugar Refinery Plc, Mariya Aliko Dangote; and…
Jubilation as Agama Assumes Office as Acting SEC DG
The staff of the Securities and Exchange Commission were in great jubilation as newly appointed Director General Dr. Emomotimi Agama assumed office in an Acting capacity pending confirmation by the…
Court Grants EFCC Order to Freeze 1146 Suspicious Accounts linked to FX manipulation
EFCC Chairman, Ola-Olukoyede Justice Emeka Nwite of the Federal High Court Abuja, on Wednesday 24, April, 2024 granted the Economic and Financial Crimes Commission, EFCC, an interim order to freeze…