Saturday, May 28, 2022

Sec

SEC to keep engaging registrars, stakeholders to resolve unclaimed dividends

By Chinwendu Obienyi The Securities and Exchange Commission (SEC) has disclosed that the Commission is engaging relevant stakeholders in a bid to resolve issues of identity management which will assist in solving the rising unclaimed dividends in the capital...

Desist from selective dividend payment, SEC warns companies, registrars

By Chinwendu Obienyi The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Its Director-General, Mr Lamido Yuguda, stated this at the 10th annual conference of the...

Alleged funds misapplication: Ogun Assembly summons retired Perm Sec, Director

The Ogun State House of Assembly Committee on Public Accounts and Anti-corruption Committee has summoned a retired Permanent Secretary of the State Ministry of Works and Infrastructure, Kayode Ademolake, to appear before it for clarifications on the ministry’s...

MTN Nigeria secures SEC approval for public offer

By Chinenye Anuforo and Chinwendu Obienyi MTN Nigeria has announced that it has secured approval from the Securities and Exchange Commission (SEC) to launch an equity book-build to qualified investors ahead of its planned sales of 575 million ordinary...

SEC under fire over N9bn frivolous spending

From Fred Itua, Abuja  The Director-General of the Securities and Exchange Commission (SEC), Yuguda Lamido, has come under severe criticism from senators over alleged frivolous spending of its revenues largely on salaries and emoluments of its staff. Senate Committee on...

Senate fumes as SEC guzzles N8 billion annually on ‘Top heavy salaries’

The Nigerian Securities and Exchange Commission (SEC) on Tuesday ran into trouble with the Senate Committee on Capital Market over an N8 billion annual staff salary out of N9 billion internal revenue of the agency. Chairman of the Committee,...

Abiodun appoints perm sec Nofiu Aigoro as Ogun Head of Service

Ogun Governor, Dapo Abiodun has appointed Permanent Secretary, Hospitals Management Board, Nofiu Olatunde Aigoro as the new Head of Service (HoS). Secretary to the Government, Tokunbo Talabi announced Aigoro’s elevation in a statement on Friday. Aigoro, a medical doctor and...

Pension assets up by N7.79bn in September –SEC

By Chinwendu Obienyi The Securities and Exchange Commission (SEC) has put the total pension assets under management (AuM) at N7.79 billion as at September 2021. Its Director General, Lamido Yuguda, stated this Wednesday during a webinar, with the theme: “The Imperative of Non-Interest Capital...

Nigeria’s Presidential clinic to gulp N21bn – State House Perm Sec, Tijjani

The Permanent Secretary, State House, Malam Umar Tijjani, has revealed that the proposed 14-bed Presidential Clinic, also known as Aso Rock Clinic billed to be constructed by the federal government would gulp N21 billion Tijani told members of the...

Alleged nude picture of Perm Sec: Court admits 19-year-old suspect to N5m bail, commences trial

The Federal High Court sitting in Yenagoa has granted a N5 million bail to a 19-year-old girl, Miss Challotte Delhi, over her allege involvement in the sharing of the nude video of a former Permanent Secretary of the...
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Airsoft Review – Walther Cp99 Black Air Pistol

Adjust The Pattern The pattern adjustment will adjust the pattern from one small ball to a wide fan shape....
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