• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

SEC To Issue Framework On Recapitalisation

by Olushola Bello
1 year ago
in Business
SEC
Share on WhatsAppShare on FacebookShare on XTelegram

The Securities and Exchange Commission (SEC) has said that it will soon issue a framework that will guide the capital market in the proposed recapitalisation exercise by banks.

Advertisement

Acting director-general of SEC, Dr. Emomotimi Agama disclosed this during a meeting with the executives of the Institute of Capital Market Registrars in Abuja at the weekend.

He stated that “we are on top of the issues around the recapitalisation exercise, very soon we will come up with a framework to guide the market.The Commission is willing to interact with various segments of the capital market to ensure that all pending issues are resolved in the interest of the market.”

He said, “we will hold stakeholder’s meetings where we will speak to everyone, and stakeholders will also have the opportunity of interfacing with us.

“The idea is to interact with you all. There may be things hanging and due to the transition, we do not want to miss anything. It will still be attended to in the interest of the market.”
Agama commended the FG for the opportunity to serve before formally being cleared by the Senate in order for continued activities in the capital market.

RELATED

Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2 hours ago
New Afreximbank President To Restructure African Trade

New Afreximbank President To Restructure African Trade

2 hours ago

According to him, we see it as an opportunity to be asked to act before our confirmation, it is not normal. In this case, we needed to deal with challenges and that’s why the government thought it wise for us to come in and work in Acting capacity.

It shows how important the capital market is to the administration of President Bola Tinubu, and we do not take this opportunity for granted.

“We will come up with a framework to move the market. We are in this together and we will continue to work and do our best. This is our constituency, and we will do our best. We crave your cooperation to assist us deal with major challenges.”

Agama implored the Registrars to embrace technology as one of the ways of ensuring that the issue of unclaimed dividends in the capital market becomes a thing of the past.

Also speaking, the acting executive commissioner operations of SEC, Mr. Bola Ajomale urged the registrars to embrace technology which he said is the best way to ensure timeliness and also sanitise the system.

He said “you are a major central point that we have worked with over time. There is risk because technology is competing with you. It will be useful to talk to your members to embrace technology as that is the best way to make life easy for everyone is to sanitise the system.”

Also, the president of ICMR, Seyi Owoturo congratulated the new SEC Management on their appointment and pledged that the registrars would continue to work in the interest of the capital market.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: RecapitalisationSecurities and Exchange Commission (SEC)
SendShareTweetShare
Previous Post

Diesel Export From Dangote Refinery Begins In June

Next Post

UBA Records N17.4trn Financial Deposit, Shares N95.8bn Final Dividend

Olushola Bello

Olushola Bello

You May Like

Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture
Business

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2025/06/29
New Afreximbank President To Restructure African Trade
Business

New Afreximbank President To Restructure African Trade

2025/06/29
Oyetola
Business

Federal Gov’t Launches Life-jacket Safety Initiative

2025/06/29
Tech Scholar To Drive Academic Vision As OAU’s New DVC
Business

Tech Scholar To Drive Academic Vision As OAU’s New DVC

2025/06/29
MONEY MARKET: Assessing Customers’ Losses To Fraudsters Through Digital Banking
Business

Cybercrime: Half Of Victims Paid Ransom In 2025

2025/06/29
Federal Gov’t Ramps Up Inclusion Drive For 35m Nigerians With Disabilities
Business

FG Moves To Curb Brain Drain With Digital Career Pathway For Civil Servants

2025/06/29
Leadership Conference advertisement

LATEST

Leaders Pay Tributes To Dantata

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

New Afreximbank President To Restructure African Trade

Queen Mary Of Denmark Promises More Investment In Nigeria’s Port Infrastructure

Federal Gov’t Launches Life-jacket Safety Initiative

Tech Scholar To Drive Academic Vision As OAU’s New DVC

Cybercrime: Half Of Victims Paid Ransom In 2025

FG Moves To Curb Brain Drain With Digital Career Pathway For Civil Servants

9PSB Reintroduces Bank9ja App To Deepen Financial Inclusion In Nigeria

Starlink Now Live Nationwide As Konga Offers Free Same-day Delivery

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.