Shettima Urges Governors to Fund Projects Through Capital Market
By Oluwakemi Kindness Vice-President, Kashim Shettima has pledged to work with state governors to expand capital market financing for development projects, warning that policy reversals could undermine investor confidence and weaken Nigeria’s economic gains. He said states should embrace properly structured bonds, credible project pipelines and greater transparency to mobilise long-term funding for infrastructure rather […]
SEC Warns Thousands Unaware of Unclaimed Investments
By Oluwakemi Kindmess The Securities and Exchange Commission (SEC) says thousands of investors and beneficiaries across Nigeria are unaware that they may be entitled to unclaimed funds and investments in the capital market. The funds include unclaimed monies from mergers and acquisitions, unallotted securities, return monies and investments inherited from deceased relatives. The SEC disclosed […]
SEC Bans IPO Marketing for Dangote Refinery Offer
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has warned investors against a purported Initial Public Offering (IPO) involving Dangote Petroleum Refinery & Petrochemicals FZE, declaring that no such offer has been filed with or approved by the regulator. In a public notice issued on Tuesday, the Commission said it uncovered a wave of […]
Agama, Rwanda Signs Deal to Boost African Market Integration
By Oluwakemi Kindness Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called for deeper integration of African capital markets, urging countries across the continent to strengthen collaboration, drive cross-border investments, and unlock Africa’s economic potential through a unified financial ecosystem. He made the call came as SEC Nigeria and Rwanda’s Capital […]
SEC Adopts T+1 Settlement Cycle from June 1, 2026
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has announced a major reform in Nigeria’s capital market, introducing a T+1 settlement cycle for equities and commodities transactions effective June 1, 2026. The move is aimed at improving market efficiency, strengthening risk management, reducing counterpart exposure, and aligning Nigeria with global capital market standards. Final […]
$50bn Crypto Flows Through Nigeria In One Year – SEC
By Oluwakemi Kindness Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has revealed that more than $50 billion worth of cryptocurrency transactions passed through Nigeria between July 2023 and June 2024. He said this figure underscores investors’ growing appetite for high-risk digital assets outside the traditional financial market. He stated this while speaking […]
SEC, SMEDAN Partner to Boost SME Access to Long-Term Capital
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have entered into a strategic partnership to enhance access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The Memorandum of Understanding (MoU), signed in Abuja, seeks to create alternative […]