News

Corrigendum – Prequalification and Expression of Interest (EOI). PROJECT ID NO: P-NG-HZ0-007

The attention of the general public is hereby drawn to the earlier advertisement published by the Securities and Exchange Commission […]

Request For Expressions Of Interest (Consulting Services-Firms)

Institutional Capacity Development on Green Finance and Green Bonds for the Securities and Exchange Commission, Nigerian Exchange Group and Capital […]

Notice To All Capital Market Operators (CMOs) For Renewal Of 2023 Registration.

This is to inform all Capital Market Operators and the general public that the annual renewal of Registration for year […]

Circular On Designation Of Ten Individuals And Three Entities By The National Sanctions Committee And Addition To The Nigeria Sanctions List

NSC/SEC/MON/AML/CFT/112022/02                                                   All Capital Market Operators (CMOs) and Stakeholders are hereby notified that pursuant to section 49 of the Terrorism (Prevention […]

Amendment to the Investment and Securities (Exemption of State Government etc.) Order, 2019

The Securities and Exchange Commission wishes to notify all Capital Market Operators (CMOs) and the general public that the Honourable […]

Financial Literacy Technical Committee Presents A Timely Webinar On Fintech And The Capital Market

Topic: Fintech and the Capital Market: Opportunities or Threats Financial technology, also known as FinTech, is the use of technology […]

Accelerating Financial Inclusion Through Crowdfunding

Download Presentations 1. Emomotimi AGAMA_Rule on Crowdfunding – HOD 2. Eguarekhide Longe_SEC Roundtable – Accelerating Financial Inclusion Through Crowdfunding_Sept2022 (1) 3. […]

Notification for 2022 second CMC Webinar Meeting

The 2022 second Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 18th August, 2022. The usual interface with members […]

Circular On Processing Fee For Fairness Review Of Mergers, Takeovers And Acquisitions By The Securities And Exchange Commission, Nigeria

The Commission, pursuant to its powers under the Investment and Securities Act (ISA), 2007, and Rule 6 of the Amended […]

Activities Of Some Unregistered Investments Schemes

The Securities and Exchange Commission (“SEC”), on March 14, 2022 shut the offices of the following companies: OXFORD INTERNATIONAL GROUP/OXFORD […]

Re: Notice To All Capital Market Operators (CMOs) On 2022 Renewal Of Registration

Further to our earlier circular released on 16th December 2021 on the above subject, this is a reminder to all […]

FG’s Official Gazzette On Proscription Of Banditry And Screening Of Clients Against Sanction Lists

All Capital Market Operators (CMOs) are hereby notified that in line with the requirements of the Terrorism Prevention Act (No. […]

Circular To All Registered Fund/Portfolio Managers On Annual Regulatory And Supervision Fees

The Commission hereby draws the attention of all registered Fund/Portfolio Managers to the SEC Rule on Annual Supervision Fees for […]

Activities Of FinAfrica Investment Limited (Chinmark Group)

The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator […]

Activities Of Poyoyo Investment (Pilvest) Nigeria Limited

The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the electronic and WhatsApp messages being […]

Notice To All Capital Market Operators (CMOS) On 2022 Renewal Of Registration

This is to inform all Capital Market Operators (CMOs) and the general public that the annual renewal of Registration of […]

Circular On The Commencement Of Regulatory Fee On Fixed Income (Bonds) Secondary Market Transactions

This circular is made pursuant to Section 13(u) of the Investments and Securities Act (ISA), 2007 and Schedule 1, Part […]

Guidance On The Implementation Of Sections 60 – 63 Of The Investments And Securities Act, 2007 – Extension Of Compliance Date To December 2023

Further to our circular on the framework for the implementation of Sections 60 to 63 of the Investments and Securities […]

Request for Expression of interest (Consulting Services-Firms)

NIGERIA RISK-BASED SUPERVISION FRAMEWORK IMPLEMENTATION PROJECT SECTOR: NIGERIAN CAPITAL MARKET GRANT NO.: G-NG-H00-SUP-001: PROJECT ID NO.: P-NG-HZ0-007 The SECURITIES & […]

Update On Renewal Of Registration By Capital Market Operators

The Securities and Exchange Commission (“the Commission”) refers to its previous Circulars and e-mail dated 28th June 2021 on the […]

General Procurement Notice – Risk Based Supervision Framework Implementation And Capacity Development Project

The Securities & Exchange Commission, Nigeria  has received a grant from the African Development Bank Group administered/Capital Markets Development Trust […]

Judgement Of The Federal High Court In Respect Of BARA Finance & Investment Ltd And Its Management/Promoters

The Securities and Exchange Commission (“the Commission”) wishes to draw the attention of the general public to the judgement of […]

Proposed major amendment to rules on securities exchanges and other sundry amendments

Major Amendment Proposed Amendment to Part E- Rules on Securities Exchanges. View all amendments here All comments and input should […]

OANDO Plc Enters Into A Settlement With The Securities And Exchange Commission

Pursuant to the powers conferred on the Securities and Exchange Commission (the Commission) by the Investments and Securities Act 2007, […]

Interoperability/Financial Market Infrastructures Link Framework Among Central Securities Depositories

Introduction The Nigerian capital market has witnessed remarkable growth in the last few years in terms of size, market participants […]

Official Disclaimer on SEC Registration of MBA Capital and Trading Limited

The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to a publication in one of the […]

SEC Nigeria Takes Over Leadership Of The West Africa Securities Regulators Association (WASRA)

Mr. Lamido Yuguda, the Director General of the Securities and Exchange Commission, Nigeria took over the mantle of leadership of […]

Deadline for registration as a crowdfunding intermediary/platform

This is to inform all existing investment crowdfunding portals/digital commodities investment platforms operating in Nigeria that the deadline for registration […]

Notice To The Public On Crowdyvest Halal Fund

The attention of the Commission was drawn to the proposed launch of a Crowdyvest Halal Fund by Crowdyvest an unregistered […]

Effective Date Of The Crowdfunding Rules

This is to inform all stakeholders that as part of efforts to ensure investor protection while encouraging innovation in the […]

Update on Renewal of Registration for Capital Market Operators

The Securities and Exchange Commission (SEC) wishes to inform all registered Capital Market Operators (CMOs) that in line with the […]

Official Disclaimer on Fake SEC Website and Fictitious Recruitment Exercise

The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to several websites and blogs purportedly affiliated […]

Press Release – Update On Suspension Of The Annual General Meeting Of OANDO PLC

The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to publications in various media on the […]

Call For Proposal – ICT Transformation – Development of ICT Transformation Strategy

Download TOR – SEC Nigeria Digital Transformation

Proliferation of Unregistered Online Investment and Trading Platforms Facilitating Access to Trading in Securities Listed in Foreign Markets

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the existence of several providers of […]

Notification For 2021 First CMC Webinar Meeting – 15 APRIL 2021

The 2021 First Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 15th April, 2021. The […]

Motion for Injuction / Stay of Execution – Engineer Patrick Ajudua Vs SEC & OANDO Plc

The Securities and Exchange Commission (SEC) wishes to inform the general public that it has filed a Motion for Injunction/Stay […]

Circular On The Renewal Of Registration

The Securities and Exchange Commission (SEC) hereby notifies the general public and Capital Market Operators (CMOs) in particular, of the […]

Guidance On The Implementation Of Sections 60 – 63_Of The Investments And Securities Act_2007

The global corporate scandals that occurred in 2001 were linked to weaknesses in financial reporting and accounting practices. In response, […]

Securities and Exchange Commission’s 5th Budget Seminar

The Commission will hold its 5th Budget Seminar Series with the theme, “Financing Nigeria’s Budget and Infrastructure Deficits through the Capital Market” on […]

Press Statement

The attention of the Securities and Exchange Commission (the Commission) has been drawn to several publications in the media, where […]

Notification For 2021 First CMC Webinar Meeting

The 2021 First Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 15th April, 2021. The […]

Press Release On Cryptocurrencies

The Securities and Exchange Commission (SEC) has received several comments and inquiries from the public on a perceived policy conflict […]

The Investments And Securities Tribunal (IST) Restrains Unregistered Fintech Company From Stock Trading

The Investments and Securities Tribunal, (IST) on Thursday 17th December 2020, made interim Orders restraining a Fintech company, Chaka Technologies […]

Circular To Regulated Entities And Capital Market Stakeholders

The Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC) has warned that the country is on […]

Conduct Of Illegal Fund Management By Famzhi Interbiz Limited

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the illegal fund management operation conducted […]

Circular To All Brokers/Dealers

Rule 56 (1&2) (c) of the Rules and Regulations of the Securities and Exchange Commission provides that: “Registered brokers/dealers shall […]

Pre-Notice On Cancellation/Withdrawal Of Certificates Of Registration Of Inactive Capital Market Operators

The under-listed one hundred and fifty-seven (157) Capital Market Operators (CMOs) were registered by the Securities and Exchange Commission to […]

CIRCULAR – EXTENSION OF DEADLINE TO FILE QUARTERLY FINANCIAL STATEMENTS FOR THE PERIOD ENDING SEPTEMBER 30, 2020

The Securities and Exchange Commission (SEC) has noted the recent general disruption to business operations across the country and the […]

CIRCULAR – AUDITED ACCOUNTS OF COLLECTIVE INVESTMENT SCHEMES

Pursuant to the provisions of Section 169(2)&(3) and Section 181(1)(f),(g)&(h) of the Investment and Securities Act 2007, and the importance […]

CIRCULAR TO ALL CAPITAL MARKET OPERATORS

In line with Section 38(2) of the Investments and Securities Act 2007 which empowers the Securities and Exchange Commission (“the […]

EXPRESSION OF INTEREST ICT TRANSFORMATION – TECHNICAL RESIDENT ADVISOR

Securities and Exchange Commission of Nigeria and FSD Africa are inviting qualified individuals to submit their Expressions of Interest for […]

Nigeria Commemorates World Investor Week

Nigeria, represented by the Securities and Exchange Commission and other stakeholders, will, in the month of October 2020, join the […]

SEC Corporate Governance Guideline and Revised FORM 01

Click here to download the template for reporting compliance ( SEC FORM 01) GOVERNANCE GUIDELINES The Financial Reporting Council of […]

Guidance On The Implementation Of Sections 60 – 63 Of The Investments And Securities Act 2007

In response to the eruption of corporate scandals in 2001 involving financial reporting and accounting practices, several jurisdictions enacted legislations […]

Statement On Digital Assets And Their Classification And Treatment

INTRODUCTION Digital assets offerings provide alternative investment opportunities for the investing public; it is therefore essential to ensure that these offerings operate […]

Notification For 2020 First CMC Webinar Meeting

The 2020 First Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 20th August, 2020. The […]

Re: Activities Of An Illegal Operator IBSmartify Nigeria

The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known […]

New Rules On Collective Investment Schemes

Sequel to the publication of new Rules relating Collective Investment Schemes in December 2019, the Commission hereby issues the following […]

Requirement For Additional Information On All Prospectuses Issued To The Public

This is to inform all stakeholders that as part of efforts to ensure investor protection and promote transparency in the […]

Official Disclaimer on alleged Resignation of Ms. Mary Uduk as SEC DG

The Securities and Exchange Commission’s (the Commission) attention has been drawn to a publication in the media on sunday June […]

Circular To All Regulated Entities And The Market – Update On COVID 19

Following the Federal Government’s partial easing of the lockdown measures introduced to minimize the spread of Covid-19 across Nigeria, it […]

The Nigerian Capital Market Community Launches Initiative To Support The Fight Against COVID-19

Following the confirmation of the COVID-19 index case in Nigeria on February 27, 2020 and the subsequent identification of other […]

Guidelines For Issuance Of Fixed Income Securities By Statutory Bodies In WASRA Member Countries

In order to achieve the objective of fostering Capital Market integration in West Africa as embedded in the WASRA Charter, […]

Official Disclaimer On Alleged Recruitment Exercise

The Securities and Exchange Commission’s (the Commission) attention has been drawn to some messages and a video being circulated in […]

Exposure Of Investor’s Data And Consent Form

The Commission has identified a number of challenges associated with identity management in the Nigerian Capital Market. As part of […]

Circular To All Regulated Entities And The Market

In light of the global pandemic of the Coronavirus Disease (COVID-19) and in furtherance to the Commission’s circular of March […]

Clarification On Prohibition Of Gifts At General Meetings (AGMS/EGMS)

March 03, 2020 The Securities and Exchange Commission wishes to clarify the application of Rule 602 (4) of its Rules […]

Activities Of Unlawful Market Operators

MARCH 11, 2020 The Securities and Exchange Commission wish to draw the attention of the investing public to the activities […]

Circular To Capital Market Stakeholders On Covid-19

The spread of the Corona Virus (COVID-19) worldwide has created a degree of uncertainty and anxiety, as governments and health […]

Circular to all Capital Market Operators/Stakeholders on Post-Approval Amendments to Transaction Documents

Notice is hereby given to all capital market operators/stakeholders that in addition to the complete filing directive of the Commission, […]

2020 Capital Market Committee Meeting Calendar

This is to notify the Capital Market Stakeholders that the 2020 CMC meetings have been scheduled to hold as tabulated […]

International Conference on the Nigerian Commodities Market 16-17 March 2020

The Securities and Exchange Commission in collaboration with the Implementation Committee on the Commodities Trading Ecosystem Roadmap, invites you to […]

Maintaining And Updating Comprehensive Investors/Shareholders Account Information

The Securities and Exchange Commission (the Commission) in furtherance of its investor protection and market development mandate has over the […]

Communique Issued At The 2020 Budget Seminar Themed “Leveraging The 2020 Budget And The Finance Act For The Growth Of The Nigerian Capital Market”

13th February 2020 Lagos Download PDF  1. The Budget Seminar Series is a forum for evaluating the nexus between the […]

Ban On Six (6) Online Brokers By Italian Financial Authorities

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the public notice by the Italian […]

Securities And Exchange Commission’s 4th Budget Seminar

The Commission will hold its 4th Budget Seminar Series with the theme, “Leveraging the 2020 Budget and Finance Act for […]

Guidelines On Net Capital: SEC Rule 57 And 58

The Commission hereby issues the under listed guidelines to facilitate effective compliance with SEC Rules 57 & 58 on Net […]

New Year Message To Operators and Stakeholders In The Nigerian Capital Market

Happy new year to you all.   On behalf of the Board, Management and Staff of the Securities and Exchange […]

Amendment To Rule 27 – (Fidelity Bond)

The Securities and Exchange Commission wishes to inform all Capital Market Operators (CMOs) that in line with Section 313 of […]

Notification for Third CMC meeting in 2019

The 2019 Third Capital Market Committee (CMC) Meeting has been scheduled to hold on Thursday, 21stNovember, 2019 at the Harbour Point, 4 Wilmot Point Road, Off Ahmadu Bello Way, Victoria […]

Nigerian Commodities Trading Ecosystem Bulletin – 2nd edition 2019

Nigerian Commodities Trading Ecosystem Bulletin – 2nd edition 2019

IOSCO to launch 2019 World Investor Week to promote investor education

IOSCO/MR/22/2019 Madrid, 14 August 2019 IOSCO to launch 2019 World Investor Week to promote investor education The International Organization of […]

Reduction Of Exemption Fees For Some Capital Market Experts

You may wish to recall that Capital Market Professionals with a minimum of 15 years relevant post-qualification experience with not […]

Unclaimed Dividends Of Defunct Afribank Plc

The Securities and Exchange Commission (“The Commission”) wishes to inform shareholders of the defunct Afribank Plc that unclaimed dividends by […]

West Africa Capital Market Conference 2019

“The West Africa Securities Regulators Association (WASRA) and West African Capital Market Integration Council (WACMIC) invites you to the inaugural […]

Report of the FinTech Roadmap Committee of the Nigerian Capital Market

At the 2nd Capital Market Committee Meeting of the year, which took place on Thursday, August 22, 2019, the Report […]

Photos- West African Securities Regulators Association (WASRA) Meeting in Accra, Ghana

Notification For Second CMC Meeting In 2019

The Second Capital Market Committee (CMC) Meeting in 2019 has been scheduled to hold on Thursday, 22nd August, 2019 at […]

SEC Continues Verification of Dantata Investors

The Securities and Exchange Commission has continued verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by […]

Notice Of Registration Interview Of Capital Market Operators

The Commission will hold its Registration Interview Meeting for: Companies seeking fresh Registration into the Nigerian capital market. Additional sponsored […]

Commodities Exchange Warehouse Map

Warehouses and storage infrastructure are necessary for the commodity sector and commodities futures trading. These storage facilities are critical to […]

Signing of MoU between Securities and Exchange Commission and Nigerian Financial Intelligence Unit

Signing of MoU between Securities and Exchange Commission and Nigerian Financial Intelligence Unit in Abuja, Wednesday 17 July 2019.

Chartered Institute for Securities and Investment and Nigerian Capital Markets Institute MoU signing ceremony – Photos

Chartered Institute for Securities and Investment and Nigerian Capital Markets Institute MoU signing ceremony in Lagos

FG inaugurates SEC Board – Photos

The new SEC board – Olufemi Lijadu, Chairman, non-exec Commissioners Lamido Yuguda & Rekiya Ladi. Okokon Ekanem Udo- Rep Min […]

RE: Cross-Reference Checklist Review

The general public is hereby notified that the Commission commenced the Cross-Reference Checklist Review of Bond/fixed income applications with effect […]

Investigation Of Oando Plc

June 7, 2019 The attention of the SEC has been drawn to various reports questioning the regulatory authority of the […]

Press Release on Investigation of Oando Plc

Following the receipt of two petitions by the Commission in 2017, investigations were conducted into the activities of Oando Plc […]

SEC, NSE Streamline Listing Process to Encourage More Listings

Lagos, May 23, 2019. The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (“The Exchange” or “NSE”) have […]

Public Notice On Growing Circle International (G – Circle)

Following information received by the Securities and Exchange Commission (the Commission) from a member of the public, surveillance was conducted […]

Capital Market Committee Meeting March 2019

The Securities and Exchange Commission hereby informs stakeholders of the following event EVENT: CAPITAL MARKET COMMITTEE MEETING (CMC) DATE: Thursday […]

Budget Seminar 2019

The Securities and Exchange Commission hereby informs stakeholders and the general public of the following event DATE: Tuesday March 19, […]

The Court Of Appeal Decision In Securities And Exchange Commission Vs. Big Treat Plc & 5 Others Reaffirms The Commission’s Regulatory Oversight Over Public Companies In Nigeria

In 2008, the Securities and Exchange Commission (the Commission), conducted an investigation on Big Treat Plc a public listed company […]

Notice on the Passage of the Federal Competition and Consumer Protection Act

On Tuesday, February 5, 2019, President Muhammadu Buhari signed the Federal Competition and Consumer Protection Act into law. The Law […]

Nigeria Capital Market Institute Training Calendar 2019

CLICK HERE TO PAY FEES N.B. Please select WORKSHOP/TRAINING FEES under “service name” and input the course title under “Description“ Contact […]

The Securities And Exchange Commision (SEC) Nigeria Launches Green Bond Rules

ABUJA: 03/12/18:The Securities and Exchange Commission of Nigeria (“SEC”) officially launched the Green Bonds Issuance Rules at a ceremony yesterday.  […]

Notification For Third CMC Meeting In 2018

The Third Capital Market Committee (CMC) Meeting in 2018 has been scheduled to hold on Wednesday, 14th November, 2018 at the Federal Palace Hotel, […]

New Rule And Sundry Amendments To The Rules And Regulations Of The Commission

SUMMARY OF CHANGES New rule (1) Rules on Green Bonds  Sundry Amendments (1) Inclusion of BVN as a valid means […]

FSD Africa and Securities and Exchange Commission partner to strengthen Nigeria’s capital market

Programme aims to unlock capital and build investor confidence through improved regulations and compliance with international standards   Lagos, September […]

Mandatory Registration Of All Capital Market Operators With Their Respective Trade Groups/Associations

The Commission hereby draws the attention of all Capital Market Operators to Rule 25(1)(a) of the SEC Rules and Regulations […]

Quantum Securities Limited – Notice of All Creditors Meeting 18 September 2018

Download Notice of Meeting

Training Programme For Capital Market Operators

The Securities and Exchange Commission is organizing a training programme for Capital Market Operators and Compliance Officers: Date:          September […]

Notice of Capital Market Stakeholders’ Forum

The general public and relevant stakeholders are hereby notified that the 2ndCapital Market Stakeholders’ Forum being anchored by the National […]

Re: publication on proposed initial public offering (IPO) of MTN nigeria limited

  The attention of the Securities and Exchange Commission has been drawn to a publication in pages 1 & 38 […]

NOTIFICATION FOR SECOND CMC MEETING IN 2018

The 2018 Second Capital Market Committee (CMC) Meeting has been scheduled to hold on Thursday, 9th August, 2018 at the […]

PUBLIC NOTICE! Activities of illegal Operators

The general public is hereby once again advised to beware of illegal operators and promoters of ponzi and other fraudulent […]

Lifting of Technical Suspension on OANDO Shares

Shares of Oando Nigeria Plc were placed on technical suspension in October 2017 upon the announcement of forensic audit which […]

IOSCO Puts the Spotlights On Virtual Currencies

The Board of the International Organisation of Securities Commissions (IOSCO), met for a two day meeting at its headquarters in […]

WASRA Holds Executive Council Meeting

The West African Securities Regulators Association (WASRA) held its fourth Executive Council meeting on Tuesday, 23rd January 2018 in Rabat, […]

Extension Of Free E-Dividend Registration (Till February 28, 2018)

The SEC, in reviewing the progress of the e-Dividend Registration exercise, after the December 31, 2017 deadline, it was noted […]

Forensic Exercise On Oando Plc

The Securities and Exchange Commission has reiterated its decision to conduct a Forensic Exercise into the activities of Oando Plc. […]

SEC Administrative Proceedings Committee Decision in Respect of Partnership Investment Company Plc

SEC ADMINISTRATIVE PROCEEDINGS COMMITTEE DECISION IN RESPECT OF PARTNERSHIP INVESTMENT COMPANY PLC AND OTHERS. In the matter of the Investments […]

SEC Circular to all Capital Market Operators on Rendition of Various Returns for AML/CFT and NFIU

CONSOLIDATED GRID FOR RENDITION OF VARIOUS ANTI-MONEY LAUNDERING AND COUNTERING THE FINANCING OF TERRORISM (AML/CFT) RETURNS BY CAPITAL MARKET OPERATORS […]

Circular to All Capital Market Operators without the Required Number of Sponsored Individuals

The Securities and Exchange Commission (SEC) Nigeria wishes to inform all Capital Market Operators (CMOs), Experts and Professionals operating in […]

Database of Un-Mandated Accounts in the Nigeria Capital Market (e-Dividend Registration)

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that, as part of measures to curb […]

Circular to the General Public on the “Seal up” of the Business Premises of YUAN DONG (YDEC), an illegal Capital Market Operator

The attention of the Securities and Exchange Commission, Nigeria (SEC) has been drawn to the activities of an Illegal Operator […]

Complaints Against Tine God Networks Limited (Illegal Operator)

The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator […]

Conviction of an Illegal Operator “Marian Moses Ventures Ltd” by the Federal High Court Kaduna Division

Management of the Securities and Exchange Commission wishes to draw the attention of the investing public to the Judgment of […]

Investors Alert: The Securities and Exchange Commission (“SEC”) lifts the suspension of Heritage Capital Markets Ltd

The Securities and Exchange Commission (“SEC”) on Wednesday February 1, 2017 lifted the suspension of Heritage Capital Markets Ltd together […]

Summary of the Decision of the SEC Administrative Proceedings Committee (APC) in the Matter of APC/2/2016: Ideal Securities & Investment Limited V. Mr. George Nchedo Okafor

The Commission on September 12, 2008 received a petition from the complainant alleging various misconducts against the Respondent. Pursuant to […]

Summary of the Decision of the SEC Administrative Proceedings Committee (Apc) in the Matter of APC/1/2015: Rivers State Ministry of Finance & 31 Others V. BGL Plc & 31 Others

The Commission received 32 complaints between 2012 and 2015 against the 1st to 4th respondents over certain conducts in relation […]

Approved Guidelines on Securities Settlements in Nigeria

Download full document below: GUIDELINES ON SECURITIES SETTLEMENTS IN NIGERIA (APPROVED)

Investors Alert! Suspension of Heritage Capital Markets Ltd

THE SECURITIES AND EXCHANGE COMMISSION (“SEC”) SUSPENDS HERITAGE CAPITAL MARKETS LTD The Securities and Exchange Commission (“SEC”) on Wednesday December […]

SEC – Nigeria Signs Mou with Morocco to boost Market Growth

The Securities and Exchange Commission (SEC) Nigeria has on December 3, 2016 signed a Memorandum of Understanding (MOU) with its […]

Federal High Court Dismisses BGL Cases Against the Securities and Exchange Commission

The Federal High Court sitting in Lagos has delivered its judgments on the three cases filed against the Commission by […]

Public Alert on the Activities of “MMM Federal Republic of Nigeria” (Nigeria.mmm.net)

The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an online investment […]

Re: Mrs. Oge C. Ottiwu – Illegal Activities in the Capital Market

The attention of the Securities & Exchange Commission has been drawn to the activities of Mrs. Oge C. Ottiwu of […]

Circular to All Capital Market Operators on Mandatory Registration with Relevant Trade Groups/Associations

MANDATORY REGISTRATION OF ALL CAPITAL MARKET OPERATORS WITH THEIR RELEVANT TRADE GROUPS/ASSOCIATIONS   Following resolutions at the just concluded Capital […]

Public Notice On Dividend Warrants Acceptance Into Savings Accounts

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that dividend warrants can now be deposited […]

SEC APC gives its decision on BGL Securities Ltd and 22 Others

SUMMARY OF THE APC/1/2016: AFOLABI GABRIEL OLUWASEYI & 9 OTHERS Vs. BGL SECURITIES LIMITED & 22 OTHERS The Commission received […]

Current Position on CMO Recapitalization Exercise

This is to clear the misconception in the media of the pronouncement made by the DG of SEC regarding the […]

SEC Announces the Collection of 1,662 Share Certificates Recovered from Alliance Capital Management Ltd (ACML)

COLLECTION OF SHARES CERTIFICATES RECOVERED FROM ALLIANCE CAPITAL MANAGEMENT LTD BY THE COMMISSION This is to inform the Clients of […]

SEC and DMO to Collaborate on Issuance of Nigeria’s First Sovereign Sukuk

The aspiration for issuing Nigeria’s first sovereign sukuk received a huge boost yesterday as the Securities and Exchange Commission (SEC) […]

Advantages of the E Dividend Mandate Management System (E-DMMS) – SEC DG

The Director General, Securities and Exchange Commission on The advantages of the E Dividend Mandate Management System (E-DMMS) Director General […]

E-Dividend Registration Sensitization Town Hall Meeting

The e-Dividend registration enlightenment campaign culminated at a town hall meeting on Thursday January 14, 2016. The concluding event was […]

SEC Commences e-Dividend Enlightenment Campaign

The Securities and Exchange Commission (SEC) has commenced on a four day robust enlightenment programme on e-Dividend registration. The event […]

Stockbroker sentenced to 7 years imprisonment for unauthorized sale of shares

PUBLIC NOTICE The Securities and Exchange Commission (SEC) wishes to inform the investing public that Mr. Tajudeen Folaji, a former […]

Revocation of Registration of Capital Market Operators

ANNOUNCEMENT REVOCATION OF REGISTRATION OF CAPITAL MARKET OPERATORS   The Securities and Exchange Commission is empowered under section 30 (1) […]

27th Meeting of the Council of the Islamic Financial Services Board (IFSB)

27th Meeting of the Council of the Islamic Financial Services Board (IFSB) & 12th Islamic Financial Stability Forum, December 8, 2015 at […]

Courtesy call on Vice President Yemi Osinbajo17112015

                  Vice President Osinbajo pledges support for Capital Market Reforms as SEC […]

SEC Collaborates with DMO

SEC AND DMO MOVE TO PLEDGE CLOSER COLLABORATION TO BOOST DOMESTIC BOND AND SUKUK MARKET   The Securities and Exchange […]

Public Notice: Postponement of the Launch of the Corporate Governance Scorecard_231015 Public Notice: Postponement of the Launch of the Corporate Governance Scorecard_231015

The Securities & Exchange Commission wishes to bring to the notice of all Public Companies that the proposed launching of […]

Tribute to A Capital Market Guru – Chief Dennis Onyemaechi Odife: 1947 – 2015

The Executive Management and staff of the Securities and Exchange Commission (SEC) note with grief the sad demise of Chief […]

Public Notice: Regional Round-table on Non- interest Capital Market (Islamic Capital Market)

Regional Roundtable on Non- interest Capital Market (Islamic Capital Market) The Securities and Exchange Commission, in bid to expand the […]

Press Release: IOSCO Boosts Resolve to Protect Investors, Develop Markets and Collaborate for Global Financial Stability

12th October, 2015 Iosco Boosts Resolve to Protect Investors, Develop Markets and Collaborate for Global Financial Stability The Board of […]

Exit of an Icon, Gamaliel Onosode: 1933 – 2015

The Executive Management and staff of the Securities and Exchange Commission (SEC) note with grief the sad demise of Dr. […]

Circular: Registrars – Implementation of E-Dividend Mandate Management System (E-Dmms) Portal

Further to the launching of the e-Dividend Mandate Management System (e-DMMS) Portal on 29thJuly 2015 by the Commission and the […]

BGL and its Subsidiaries remain Suspended

This is to inform the general public that on September 17th, 2015, the Federal High Court in Suit No. FHC/L/CS/767/15; […]

PUBLIC NOTICE ON THE IMPLEMENTATION OF e-DIVIDEND MANDATE MANAGEMENT SYSTEM (e-DMMS) PORTAL

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that enrolment for e-Dividend payments can now […]

Public Notice: Suspension of Stanbic IBTC Holding Plc’s Rights Issue_792015

SUSPENSION OF STANBIC IBTC HOLDING Plc’s RIGHTS ISSUE PENDING CONCLUSION OF ONGOING INVESTIGATION This is to inform the investing public […]

Circular: To All Capital Market Registrars on Return of Unclaimed Dividends of Fifteen (15) Months and Above to the Paying Companies

RETURN OF UNCLAIMED DIVIDENDS OF FIFTEEN (15) MONTHS AND ABOVE TO THE PAYING COMPANIES The Securities and Exchange Commission (SEC) […]

Public Notice: BGL Group Plc, its Subsidiaries and Sponsored Individuals remain Suspended and have been invited to appear before the SEC APC

The Securities and Exchange Commission (SEC) received over 40 letters of investor complaints against BGL Group Plc alleging indebtedness to […]

Public Notice: The Administrative Proceedings Committee Hearing

The Securities & Exchange Commission is empowered under Sections 13(n), 45, 303 of the Investments and Securities Act (ISA) 2007 […]