Yuguda is an economist, banker and investment manager, with over 30 years’ experience in financial services working with CBN and SEC Nigeria. The Nigerian Stock Exchange (NSE) said the directive to lift the suspension Thursday and resume trading on the shares of the embattled oil and gas company came from SEC vide a letter dated April 9. The red chamber also summoned the director-general of the Securities and Exchange Commission (SEC) Lamido Yuguda over the ban. By Dipo Olowookere A foremost local energy company, Seplat Petroleum Development Company Plc, has taken a huge step to strengthen its board of directors with the appointment of the director-general of the Securities and Exchange Commission (SEC) from 2010 to 2015, Ms Arunma Oteh. President Muhammadu Buhari has asked the senate to confirm Lamido Yuguda, a former director at the Central Bank of Nigeria (CBN), as chairman of the Securities and Exchange Commission (SEC). The apex capital market regulatory agency, in a statement issued on Sunday by its Head of Corporate Communication, Mrs Efe Ebelo, stated Home/Business/ Yuguda Assumes Office As SEC Nigeria DG One Month After Senate Nod. Post Views: 159. 1 year ago. On Monday, Lamido Yuguda assumed office at the capital markets’ regulatory agency as the new Director-General of the Securities and Exchange Commission (SEC) of Nigeria. on. It explained that the information that would emanate from the briefings … The Securities and Exchange Commission, SEC has denied that it’s Acting Director General, Ms. Mary Uduk has resigned from the Commission. June 10, 2020. Official Disclaimer on alleged Resignation of Ms. Mary Uduk as SEC DG 14/06/2020 The Securities and Exchange Commission’s (the Commission) attention has been drawn to a publication in the media on sunday June 14, 2020, wherein the Acting Director General, Ms. Mary Uduk is purported to have resigned from the Commission and a send forth party slated for … Up Next. ABUBAKAR MALAMI James Manyonge Jean Phillipo ponzi scheme SEC Terry Davis. Truetells Nigeria reports that the Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on … The upper chamber of the National Assembly also confirmed Reginald C Karausa, Ibrahim D Boyi, and Obi Joseph as full-time commissioner of SEC. SEC DG Advises Investors to Diversify Investment Portfolio. The Senate on Thursday summoned governor of the Central Bank of Nigeria Godwin Emefiele to shed more light on the recent ban on cryptocurrency. By Ifeanyi Onuba On Mar 1, 2021. By Dipo Olowookere The Securities and Exchange Commission (SEC) has dispel rumours making the rounds that its acting Director General, Ms Mary Uduk, has resigned from the commission. By Davies Ngere Ify On Feb 11, 2021. Chairman of the committee, Senator Ayo Akinyelure explained in his explanation that the three senators found it “disheartening that Mary Uduk who was eminently qualified to be appointed DG, SEC, having represented Nigeria at the regional and international bodies such as the West African Capital Market Integration Council (WACMIC) and currently on the board of the International … A statement issued by the company Senate Summons CBN Governor, DG SEC Over Cryptocurrency Ban - Politics (2) ... Immidiately after Nigeria banks and other financial institution in Nigeria pulled out of the system, Elon Musk bought about $1.5b worth of Bitcoin and the price rose from 1=18,683 to 1=46,998 between Friday and the next Monday. Arunma Oteh, OON (Officer of the Order of the Niger), was the Treasurer and a Vice President of the World Bank (2015-2018). By Dipo Olowookere The suspended Director-General of Securities and Exchange Commission (SEC), Mr Mounir Gwarzo, has maintained that his removal from office in November 2017 by the Minister of Finance, Mrs Kemi Adeosun, did not follow due process. ANALYSIS: One year after, five gaps in Nigeria’s management of COVID-19. Prior to this, she was at various times the Head of Internal Control, Financial Standards & Corporate Governance and Securities & Investment Services Departments of the Commission. Dipo Olowookere. Don't Miss. The project is expected to support the implementation of the SEC’s Nigeria Capital Market Master Plan 2015-2025 and its vision to position Nigeria’s capital market as a competitive and attractive destination for portfolio investments. The Nigerian Senate had on 10th June 2020 confirmed Lamido Yuguda as Director-Generaleneral of the Securities and Exchange Commission (SEC). Share Facebook Twitter WhatsApp ReddIt Pinterest Email Linkedin. Kingsley Ighomwenghian July 6, 2020. She became the Director General of the Securities and Exchange Commission (SEC) in Nigeria in January 2010. Buhari appoints Yuguda SEC DG. Related Topics: FG Suspends SEC Mounir Gwarzo SEC Nigeria SEC Nigeria Board suspend SEC DG. The Securities and Exchange Commission, SEC has denied the story that it’s Acting Director General, Ms. Mary Uduk has resigned from the Commission.The Commission in a statement, sunday, said its attention has been drawn to a publication in the media on Sunday June 14, 2020, wherein the Acting Director General, Ms. Mary Uduk is purported […] Business Yuguda Assumes Office As SEC Nigeria DG One Month After Senate Nod. Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. Facebook Twitter WhatsApp. The Securities and Exchange Commission (SEC) on Sunday dismissed reports that its Acting Director-General, Ms. Mary Uduk, had resigned from the commission. 47. Tuesday, March 30, 2021 / 03:20PM / SEC Nigeria / Header Image Credit: SEC Nigeria The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy. Nigerian States Generate N149.5b from IGR in Q3 2017. Cryptocurrency: Nigeria Senate summons CBN Governor, DG SEC The Senate on Thursday, summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over the decision of the CBN to ban the use of cryptocurrency in the country. Published. Mary Uduk is currently the Acting Director General of the Securities and Exchange Commission, Nigeria. ... ‘Look at the Nigeria Infrastructures and … by QueenEsther Iroanusi. Keynote address by the Director-General, SEC, Nigeria at the 5th AACN Conference, 10th May 2016 Page 6 Treasury Single Account (TSA), creation of the Efficiency Unit, improved tax collection/coverage and the reform of the payroll system. The Director General, Securities and Exchange Commission on The advantages of the E Dividend Mandate Management System (E-DMMS) Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo has described the e-Dividend platform as a game changer in the Nigerian Capital Market which will ensure that infractions are reduced to … SHARES. The Senate, after consid­ering the motion, “mandated the Committees on Banking, Insurance and Other Finan­cial Institutions; ICT and Cybercrime; and Capital Market to invite the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to brief the Committees on the op­portunities and threats of cryptocurrency on the na­tion’s economy and … Senate Has Summoned CBN Governor and DG SEC Over Cryptocurrency Ban in Nigeria. Akwa Ibom state leaders have urged President Muhammadu Buhari to reinstate the former acting Director General of the Security and Exchange Commission (SEC), Ms. Mary Uduk, recently relieved of her appointment by the Presidency. The Commission in a statement, sunday, said its attention has been drawn to a publication in the media on Sunday June 14, 2020, wherein the Acting Director General, Ms. Mary Uduk is purported to have resigned from the … Abdul Zubair, SEC Acting DG Prior to joining SEC Nigeria, Mr. Zubair served on the board of Intercity Bank Plc, Nigeria and Minna Pharmaceutical and Surgical Company Limited. Senate Summons CBN Governor, DG SEC Over Cryptocurrency Ban by Islie: 2:54pm On Feb 11 By Sanni Onogu, Abuja The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban on … In the suit against the Director-General of Security and Exchange Commission, the CSJ wants a declaration that denying the Applicant access to the details of the documentation evidencing the remittance to the Consolidated Revenue Fund (CRF) the sum of N160,271,545.85 being the interests from investing the sum N5,910,269,443.43 into Nigerian Treasury Bills … As earlier stated, I am confident that a more robust presentation would be Sack of DG SEC: Senator Okon blasts Buhari, says he is laying tracks of disintegration. by Yusuf Akinpelu. Senate confirms Yuguda SEC DG. ... investigating and prosecuting cases of Ponzi scheme fraud in Nigeria. CBN Sells N117.2b T-Bills via Primary Market. 0 2 4 minutes read. 2 min read ADVERTISEMENT. The Senate on Thursday summoned governor of the Central Bank of Nigeria Godwin Emefiele to shed more light on the recent ban on cryptocurrency. 11. BREAKING: Senate summons CBN Governor, DG SEC over cryptocurrency ban. In this position she was responsible for regulation of Nigeria's capital markets, including the Nigerian Stock Exchange. Finance Minister, SEC DG, Others To Brainstorm On Tackling Ponzi Schemes. Mr Gwarzo, while responding to a recent verdict of the House of In a press statement issued in Uyo on Monday, under the aegis of Akwa Ibom Leaders Vanguard and signed by the […] The Nigerian Senate on Tuesday received President Muhammadu Buhari’s request for confirmation of Alhaji Lamido Yuguda as the new Director-General of ... requests confirmation of new SEC DG, others. Money & Markets. May 19, 2020. 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