THE Securities and Exchange Commission (SEC) says operationalising crowdfunding will accelerate financial inclusion agenda of the country and boost Micro […]
RTag: Securities and Exchange Commission
Ponzi schemes, cancer to capital market — SEC
THE Securities and Exchange Commission (SEC) has described ponzi scheme as “cancer” bedeviling effective operations of the capital market. The […]
Stanbic IBTC Holdings under Probe for Financial Impropriety
Stanbic IBTC Holdings Plc is being probed because of allegations of financial impropriety which made the Securities and Exchange Commission to suspend the company’s N20.4 billion rights issue …
Skye Bank Shareholders Approve Purchase of Mainstreet Bank
IN compliance of court order, shareholders of Skye Bank Plc have unanimously endorsed the acquisition of Mainstreet Bank Limited. The bank organised an extra ordinary general meeting immediately after its 9th Annual General Meeting held in Lagos. Tunde Ayeni, chairman of the bank …
Landmines Before Buhari
As the handover date of May 29, speedily approaches for General Muhammadu Buhari of the All Progressives Congress, to take over the reign of government from President Gooluck Jonathan, there are appear to be some landmines which the incoming administration needs to avoid in order to …
Birthdays
Udoma Udo Udoma, lawyer, and politician, 61, February 26. Born in Aba, Abia State, he was educated at King’s College, Lagos, 1966-1972; Oxford University, England, 1973-1977; Nigerian Law School, 1977-1978. He became a lecturer in law, University of Lagos, 1978-1980; senior partner, Udo Udoma …
Birthdays
Simeon Afolabi, senior pastor of Firstlove Assembly, Rumuokwuta, Port Harcourt, 53, February 22. Born at Ipee in Oyun local government area of Kwara State, Afolabi attended Kwara State College of Technology (now Kwara Polytechnic), Ilorin. He gained admission into the University of Ibadan in 1980 and …
Oteh’s Five-Year Tenure Ends
SOME staff of the Securities and Exchange Commission, SEC, are apprehensive over the likely renewal of Arunma Oteh’s tenure as the director-general of the regulatory body. Oteh’s first term in office ended on January 7, but the federal government has neither renewed nor appointed a replacement. …
Capital Market Is Not for Gamblers – Onyema
Oscar Onyema is urging investors in Nigeria to take advantage of the low prices of stocks now and invest more in the capital market …
Ending Politics of Cement Standard
– THE Standard Organisation of Nigeria, SON, is worried that the issue of cement standard in the country has been […]
Zenith Bank Impresses Shareholders
– ZENITH Bank Plc is to pay a dividend of N1.75 per share to its shareholders for the 2013 financial […]
Why Diamond Bank Invests in SMEs
– ALEX Otti, group managing director, Diamond Bank Plc, has emphasized the crucial role of Small and Medium Scale Enterprises, […]
Sambo Woos Marubeni to Invest in Nigeria
– THE federal government has asked Japan’s Marubeni Corporation to invest in the country as there are many opportunities and […]
CBN’s IT Blueprint for Banks
– THE Central Bank of Nigeria, CBN, has issued a blueprint for Information Technology, IT, standards that will guide quality […]
First Bank Gets ISO Recertification
– FIRST bank PLC has successfully upgraded its processes to conform to the latest International Organisation for Standardisation, ISO, and […]