SEC

AfDB, SEC deploy $460,000 surveillance camera to protect capital market

Finance /

The African Development Bank (AfDB) Group has given a grant of $460,000 to the Securities and Exchange Commission (SEC). The grant is to enable SEC acquire an automated surveillance system meant to protect the capital market. The bulk of the funding agreement is expected to come from SEC itself. Lamin Barrow, the director-general, Nigeria Country […]

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SEC worried over N180 billion unclaimed dividends

Finance /

The Securities and Exchange Commission (SEC) says unclaimed dividends, as at December 31, 2021, had totalled N180 billion. This, according to the commission, amount 5 per cent of the total dividends declared by companies trading at the domestic exchanges. Lamido Yuguda, SEC’s director-general, said the commission is worried over the development and it is currently

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