Tag: SEC

Top 5 Stories Of The Day | SEC Warns Celebrities, Influencers Against Promoting Fraudulent Investment Schemes

Top 5 Stories Of The Day | SEC Warns Celebrities, Influencers Against Promoting Fraudulent Investment Schemes

SEC warns celebrities, influencers against promoting fraudulent investment schemes Tunde Onakoya sets Guinness World Record with 64-hour chess marathon FG warns retiring civil servants: clear housing loans or risk losing…

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SEC Considers Licensing Cryptocurrency Firms to Support Youths

Top 5 Stories Of The Day | SEC Considers Licensing Cryptocurrency Firms to Support Youths

SEC considers licensing cryptocurrency firms to support youths Local airlines ground 42 aircraft over lack of forex CBN takes credit for the recent reduction of inflation in the country 43…

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SEC Advises Nigerians Not To Invest In Davido’s Meme Coin

The Securities and Exchange Commission (SEC) has published a public announcement informing the general public about the dangers of investing in Nigerian singer Davido's crypto token, $Davido. The SEC emphasised…

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Top 5 Stories Of The Day | Minister of Women Affairs Updates Nigerians on the Progress of the Marriage of 100 Orphaned Girls

Minister of Women Affairs updates Nigerians on the progress of the marriage of 100 orphaned girls FG stops issuance of electricity regulatory autonomy to states Customs fixes new import duties…

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The Late 5: Justice Garba replaces Bulkachuwa on presidential election petition tribunal; JAMB releases 15, 490 UTME results | Other stories

Here are the stories that drove conversation today: Justice Garba replaces Bulkachuwa on presidential election petition tribunal The Presidential Election Petition Tribunal is now headed by Justice M. L Garba,…

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The Late 5: Rochas Okorocha’s controversial appointment, Kiss Daniel’s legal battle and, other top stories

These are the top five stories that drove conversation today. The governor of Imo, Rochas Okorocha appointed his sister, Mrs Ogechi Ololo as a commissioner. But that's not all. The…

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The Big 5: Rochas appoints happiness commissioner, ICPC detains ex-SEC DG, and other top stories

Here are the top five stories you should be monitoring today. Imo State governor, Rochas Okorocha has sworn in his sister, Mrs. Ogechi Ololo (nee Okorocha) as the state’s Commissioner for Happiness and Couples’ Fulfillment.…

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FG appoints Abdul Zubair acting DG of SEC

The Federal Government on Sunday said Abdul Zubair has been appointed as acting director-general, Securities and Exchange Commission (SEC). Efe Ebelo of the commission’s corporate communications unit, in a statement,…

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BREAKING: Adeosun suspends SEC DG, two others

Minister of Finance, Kemi Adeosun has suspended the Director-General of the Securities and Exchange Commission, Mounir Gwarzo. Adeosun said Gwarzo was suspended over an allegation of financial impropriety levelled against him. The…

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Forensic Audit: Oando fails to stop SEC as court strikes out case

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a…

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We will make amends | Oando tells SEC

The management of Oando Plc has said the company does not need a forensic audit ordered by the Securities Exchange Commission (SEC). Ayotola Jagun, chief compliance officer and company secretary, the…

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EXCLUSIVE: Documents reveal why Oando shares was suspended, SEC orders forensic audit

Following the suspension of Oando Plc from the floor of the Nigerian Stock Exchange, YNaija has obtained a copy of the letter that led to the suspension. The letter dated October…

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[The Legislative Blog]: Senate receives 3 bills aimed at strengthening the capital market

The Nigerian Senate has received three draft bills from the Securities and Exchange Commission (SEC). The Investment and Securities Bill, Companies and Allied Matters Act (CAMA) (amendment) Bill and the…

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Opinion: Cold comfort from the Honourables

by Anthony Ademiluyi A friend of mine placed a distress call to me to help him clear an embarrassing debt. I explained that I was going through hard times and…

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MDAs failed to remit N450bn operating surpluses – Finance Ministry

The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government, running into N450billion. The committee led by the Accountant…

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YNaija Editorial: Before the MMM pyramid comes crashing down

On August 30th, the Securities and Exchange Commission issued this statement about a fake online investment scheme called MMM. The statement said: The attention of the Securities and Exchange Commission,…

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The late 5: These are the stories that drove the conversation today

Here are the top five stories that drove the conversation today. 1) Jonathan's cousin granted N500 million bail An Abuja High Court has granted bail to the cousin of Jonathan,…

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YNaija Exclusive: PDP violates Electoral Act with record campaign donation, seeks legal advice

by Godwin Akanfe Following last Saturday's fund raiser by the Peoples Democratic Party (PDP), more people have condemned the amounts raised. Some have pointed out that an illegality may have…

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Opinion: The National Assembly and hypocrisy

by Andrew Samuel The House is now set on another kangaroo probe. This time around, their target is the Petroleum Minister Alison Madueke for allegedly spending N10bn on chartering and…

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Your body language encourages corruption – Tambuwal tells Jonathan

by Akintomiwa Agbaje Aminu Tambuwal, the Speaker of the House of Representatives, has stated that President Goodluck Jonathan laid back approach in handling corruption in Nigeria. “The President’s body language seems…

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Ijeoma Nwogwugwu: Our president, Johnny Go-Slow…

by Ijeoma Nwogwugwu Well, Nigerians are tired of Jonathan’s excuses, as they no longer hold water. In addition to being Yar’Adua’s understudy, he has had more than two and half…

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FG announces new board for the SEC with Suleiman Ndanusa as chairman

by Isi Esene The Federal government has announced the constitution of a new board of the Security and Exchange Commission (SEC). The new board is headed by Suleiman Ndanusa. Other…

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Subdued: Promised staff protest evaporates as Oteh resumes at SEC

by Isi Esene The much touted showdown promised by some members of staff of the Security and Exchange Commission (SEC) turned out to be an anti-climax as the director-general, Securities…

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“Incompetence, failure, lack of transparency”: House of Reps rejects Oteh’s recall

by Isi Esene Arunma Oteh and her reinstatement as the director-general of the Security and Exchange Commission (SEC) appears to have set the the House of Representatives and the Executive…

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Arunma Oteh is officially back

by Isi Esene It is confirmed that Arunma Oteh has been recalled to resume her position as the director-general of the Securities Exchange Commission (SEC) through a directive from the…

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SEC staff protest against Oteh’s planned re-instatement

by Isi Esene Apparently acting to pre-empt a planned re-instatement of Arunmah Oteh, staff of the Securities and Exchange Commission (SEC), Wednesday morning, held a protest against the suspended director…

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Dangote finally lets go: Gives control of flour mills to Tiger Brands

by Doyin Jaiyesimi   Business mogul, Aliko Dangote, has announced that he will sell his majority stake in Dangote Flour Mills to Tiger Brands, South Africa’s leading food company. Dangote…

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Former SEC DG Arunmah Oteh gate-crashes EMT meeting

by Isi Esene The former Director General, Security and Exchange Commission (SEC), Arunmah Oteh, created a stir yesterday by appearing uninvited at the Council Chambers of the Presidential Villa, Abuja for…

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The Arunma of Trouble: Oteh in more hot water as allegations surface over SEC Project 50

The 50th anniversary of the Security and Exchange Commission (SEC) has turned out to be a massively expensive fiasco that might end up costing the suspended director general of the SEC,…

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Ebuka Obi-Uchendu: Nigeria and the tortoise (YNaija FrontPage)

It’s tough to keep up with shocking news in Nigeria. I don’t even understand how things spiral anymore. Something really sad and shocking happens one day; then while you’re still…

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