Tag: Securities and Exchange Commission

Lafarge Africa raising bond to repay $300 mln Nigeria loan

27/4/2016/Reuters Lafarge Africa is marketing a 60 billion naira ($302 million) bond to refinance some dollar-denominated debt at United Company of Nigeria (UNICEM), which it bought last year. Chief finance officer Anders Kristiansson told analysts on Thursday that there was strong interest for the bond and that book-building was expected […]

SEC Urges Collaboration on Zero Tolerance on Infractions in Capital Market

25/4/2016/SEC The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in Nigeria’s Capital Market and also ensure that perpetrators of fraudulent acts are brought to book appropriately. Director General of SEC, Mounir Gwarzo stated […]

SEC Initiative on Commodity Trading provides Enabling Environment to boost agriculture

20/4/2016/SEC In a bid to boost agriculture and promote commodity exchange in Nigeria, the Securities and Exchange Commission (SEC) is set to roll out various initiatives to provide an enabling environment for commodities trading in the country.   Already, the Commission is reviewing the Warehouse Receipt Bill currently before the National Assembly […]