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CBN’s crypto ban: A legal analysis

Through its circular dated 5th February 2021, the Central Bank of Nigeria (CBN) directed all Deposit Money Banks, Non-Financial Institutions and Other Financial Institutions to immediately close...

Atiku faults CBN’s directive on crypto transactions

Former Vice President Atiku Abubakar has advised the Federal Government to have a rethink on its directive on cryptocurrency transactions in the country. This advice,...

Buhari asks Senate to confirm Yuguda as SEC DG

The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr. Lamido Yuguda as the new Director-General of the Securities...

FG begins probe of ex-ministers over alleged fraud

FG has begun the probe of two former ministers Udo Udoma and Ikechukwu Enelamah in an alleged fraud that left 65,000 Nigerians losing $2bn worth of shares.

Airtel files application for listing on NSE – SEC

Airtel Nigeria has officially filed an application with the Securities and Exchange Commission (SEC) for listing of its shares on the Nigerian Stock Exchange (NSE).

SEC suspends Oando’s annual shareholder meeting

Securities and Exchange Commission (SEC) said on Monday that it has ordered the suspension of Oando’s annual shareholder meeting due to be held on June 11

Court restrains SEC from barring Tinubu as director

Justice Mojisola Olatoregun has restrained SEC, its agents and privies from barring Wale Tinubu from acting as director of Oando or any other public company

Court orders reinstatement of suspended SEC DG, Gwarzo

The National Industrial Court, Abuja has ordered the immediate reinstatement of Mounir Gwarzo, the suspended DG of the Securities and Exchange Commission (SEC)

First Bank, UBA, GTB most fined banks in Nigeria

First Bank of Nigeria (FBN), United Bank for Africa (UBA) and Guaranty Trust Bank (GTB) were the banks that paid most fine in 2018, NSE report has revealed.

CBN, SEC approve Access Bank and Diamond Bank merger

Nigeria banking regulators CBN and SEC have on Tuesday approved Access Bank and Diamond Bank proposed merger plans in Nigeria