No settlement default recorded since T+1 adoption — SEC

By Obas Esiedesa, Abuja ABUJA — The Securities and Exchange Commission, SEC, has disclosed that no settlement default has been recorded since Nigeria migrated to the T+1 settlement cycle, saying the transition has been smooth and well received by local and international investors. The Director-General of the SEC, Dr Emomotimi Agama, disclosed this to journalists […]
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FTSE upgrade: Capital market stakeholders hail FG, Oyedele’s reform push

By Henry OjeluLAGOS — Stakeholders in Nigeria’s capital market have commended the Federal Government, particularly the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, for reforms that helped restore Nigeria to the global Frontier Market universe of FTSE Russell. Their commendation followed confirmation by global index provider, FTSE Russell, that Nigeria’s […]

Alleged identity theft: EFCC urged to clarify probe status

By Henry OjeluA United States-based Nigerian, Oluwasegun Elusoji, has appealed to President Bola Tinubu and relevant authorities to intervene in the alleged suspension of investigation into a letter he submitted to the Economic and Financial Crimes Commission, EFCC. The letter, referenced as EFCC/PET/HQR/1656/2025, was submitted on April 28, 2025, through W.K. Shittu & Co. and […]

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