Tag: SEC
US court fines Tingo promoter Dozy Mmobuosi $250m for inflating finances
Former co-chief executive of Tingo Group Dozy Mmobuosi has been fined $250 million for inflating the company’s financial performance.
Judge Jesse Furman of the US...
GTCO notice of proposed offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE SAME WOULD...
NOVAmbl Asset Management Dollar Fixed Income Fund named best performer of...
NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named the best-performing dollar fund in 2023 by financial news content creator Nairametrics based on...
SEC grants MTN approval to sell 575 million shares
The Securities and Exchange Commission (SEC) has approved the offer for sale of MTN Nigeria's 575 million ordinary shares.
MTN Nigeria company secretary Uto Ukpanah...
Oando bows to SEC, ends legal tussle
Oando Plc has entered into an out-of-court settlement with the Securities and Exchange Commission (SEC) following a two-year legal tussle, the commission said on...
Cryptocurrency: SEC to suspend admitting persons affected by CBN ban
The Securities and Exchange Commission (SEC) says it will put on hold, admittance into its Regulatory Incubation Framework for Fintech firms, all persons affected...
SEC orders Oando to suspend AGM
Securities
and Exchange Commission (SEC) has directed Oando Plc to suspend its annual
general meeting scheduled for Tuesday (tomorrow).
SEC said in a statement on Monday that...
Two Oando directors resign as crisis deepens
Oando Plc has notified the Nigerian Stock Exchange (NSE), its shareholders, stakeholders and members of the public of the resignation of two non-executive directors,...
Oando: Court restrains SEC from removing Tinubu, Boyo
A Federal High Court in Lagos has restrained the
Securities and Exchange Commission (SEC) from removing Wale Tinubu as Oando
Plc’s Group Chief Executive Officer.
The court...
Police storm Oando head office in Lagos
Policemen on Monday morning stormed the head office of Oando Plc at Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
This follows an announcement on Sunday by...