Tag Archives: Nigeria Security Exchange Commission

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 ...

Read More »

SEC blames failure of market making initiatives on liquidity challenges

The Securities and Exchange Commission (SEC) has attributed the failure of the securities lending and market making initiatives introduced by the Nigerian Stock Exchange (NSE) in 2012, to liquidity challenges facing the capital market. The SEC Director-General, Mounir Gwarzo, stated this at the post-Capital Market Committee (CMC) news conference in Lagos on Monday. Gwarzo said that the issue of illiquidity had ...

Read More »