Oando Seeks Approval for N221bn Rights Issue to Strengthen Capital
Nigerian energy group Oando Plc has applied for regulatory approval to launch a N221 billion rights issue, a move that ...
Tag: SEC Nigeria
Supreme Court Clears Unity Bank–Providus Bank Merger Amid Recapitalisation Drive
Nigeria’s banking sector consolidation drive gained momentum after the Supreme Court sanctioned the merger between Unity Bank Plc and Providus ...
SEC Introduces New One Day Trade Settlement Framework
Nigeria’s Securities and Exchange Commission has released fresh guidelines for the transition of the country’s capital market from the current ...
Ellah Lakes CEO Cites N235bn Capital Raise Fallout Costs
Ellah Lakes Plc, the Nigerian agribusiness firm, has taken a significant but undisclosed financial hit following the collapse of its ...
NGX Fines Five Brokerage Firms ₦291m Over Market Manipulation
The Nigerian Exchange Limited (NGX) has fined five brokerage firms for market manipulation and price distortion, imposing cumulative fines of ...
SEC Regulates $96bn Crypto Market via 2025 Act
Nigeria’s financial regulators are intensifying their grip on the digital asset space following a staggering $96 billion in cryptocurrency and ...
Sycamore Launches N20bn Commercial Paper Programme
Sycamore Integrated Solutions Ltd. has officially entered the Nigerian debt capital market with the launch of a N20 billion Commercial ...
Risevest SEC Licence Validation Anchors Nigerian Fintech Credibility
Risevest, a prominent Nigerian wealth management startup, has secured a Digital Sub-Broker licence from the Securities and Exchange Commission (SEC), ...
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NCC Sets Up Internet Governance Group as Survey Exposes Compliance Gaps
