Tag Archives: SEC’s Acting Director-General

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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