July 23, 2008
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SEC News

>Press Release - SEC SEEKS COOPERATION OF CIS ON MARKET DISCIPLINE AND COST REDUCTION - The Commission has called on the leadership of Chartered Institute of Stockbrokers (CIS) to strengthen the regulation of its members to ensure discipline and confidence in the Nigerian capital market...more>>
>SEC SUSPENDS FINANCIAL TRUST COMPANY LIMITED FROM ALL CAPITAL MARKET ACTIVITIES - The Commission has suspended Financial Trust Company Limited and its sponsored individuals from all capital market activities...More>>

>LAUNCHING OF THE E-ALLOTMENT SYSTEM -ALL STAKEHOLDERS IN THE CAPITAL MARKET AND THE GENERAL PUBLIC ARE HEREBY INVITED TO THE LAUNCHING OF THE E-ALLOTMENT SYSTEM IN THE CAPITAL MARKET...More>>

NEW SEC BOARD INAUGURATED- The new Board of Directors of the Commission was inaugurated by the Honorable Minister of Finance, Dr Shamsudeen Usman, at the Multi-Media Center of the Commission on Tuesday, June 17, 2008. The nine-member board is the first to be constituted, under the re-enacted Investments and Securities Act No 29, 2007, which now provides for three Executive Commissioners.....Click here for the brief profile of the new Board Members>>

>LIFTING OF SUSPENSION ON TRANSGLOBE INVESTMENT AND FINANCE COMPANY LIMITED - LIFTING OF SUSPENSION ON TRANSGLOBE INVESTMENT & FINANCE CO. LTD. - The Commission, on June 3, 2008, lifted the suspension imposed on Transglobe Investment and Finance Co. Ltd.
>U.S Ambassador Lauds SEC’s Initiatives in Effective capital Market Regulation - The U.S. Ambassador to Nigeria, Ms. Robin Renee Sanders, has expressed her country’s recognition of the importance of the activities of SEC and its preparedness to partner with the Commission, having been impressed with its strides in the past five years...more>>

 

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