Tag Archives: Abdul zubair

Financial experts call on CBN to close exchange rate gap for more FDIs

To make the nation’s foreign exchange (forex) market attractive for foreign direct investments (FDIs) in 2018, the Central Bank of Nigeria (CBN) must do all within its powers to ensure rates’ harmonisation. This will mean closing the huge gap between the official exchange rate of N306/$ and the parallel market rate of N360/$, as it is a disincentive to genuine ...

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SEC threatens to transfer unregularised shareholdings to development fund

The Securities and Exchange Commission (SEC), has warned all concerned bodies to transfer to the Capital Market Development Fund (CMDF), all shares not consolidated into one account by investors, who subscribed for them using multiple identities. The SEC’s Acting Director-General, Abdul Zubair, disclosed this in Abuja, at a media briefing on the on-going capital market initiatives by the Commission. According ...

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SEC partners IST to curb capital market infractions

The Securities and Exchange Commission (SEC), on Tuesday, expressed its readiness to partner with Investments and Securities Tribunal (IST) and other relevant bodies to ensure zero tolerance on infractions in the nation’s capital market. Its acting Director-General, Abdul Zubair, made the assertion, when the Chairman of the IST, Isaiah Idoko-Akor, and its members paid him courtesy visit in Abuja. Zubair ...

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FG appoints Abdul Zubair acting DG Of SEC

The Federal Government has announced the appointment of Abdul Zubair as Acting Director-General, Securities and Exchange Commission (SEC). Head Commission’s Corporate Communications Unit, Efe Ebelo said in a statement that the appointment is with immediate effect. Ebelo stated that the appointment follows the suspension of Munir Gwarzo, the Commission’s boss. She assured the investing public and stakeholders, both local and international, of ...

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