Economy
SEC Promises to Intensify Awareness on Investor Protection
By Aduragbemi Omiyale
The Securities and Exchange Commission (SEC) has assured that it would do everything within its powers to put in place the necessary tools to protect the interests of investors in the Nigerian capital market.
The Director-General of SEC, Mr Lamido Yuguda, said investor protection was paramount in the agenda of the agency under his leadership.
Speaking at the digital closing gong ceremony on Monday, November 22, 2021, at the Nigerian Exchange (NGX) Limited in commemoration of World Investor Week (WIW), Mr Yuguda said this move is to boost the confidence of investors in the market.
He thanked the exchange and the entire capital market community for providing the platform and supporting the SEC in its efforts to build a safe and vibrant capital market.
“The theme of this year’s World Investor Week is timely given the spate of fraudulent schemes being attempted in the market today.
“At SEC, we continue to collaborate with stakeholders to educate the public and raise the necessary awareness to ensure investors can indeed protect themselves,” the SEC DG, who was represented by the Executive Commissioner, Operations, SEC, Mr Dayo Obisan, stated.
Also speaking, the Divisional Head, Listings Business, NGX Limited, Mr Olumide Bolumole, stated that, “NGX is pleased to join the apex regulator of the Nigerian capital market, the SEC and all securities exchanges in Nigeria to Ring the Bell for Financial Literacy in honour of SEC’s commemoration of the 2021 World Investor Week.
“Financial literacy and inclusion remain a top priority for us at NGX and we continue to make it a priority to contribute our quota towards the achievement of key targets of Nigeria’s National Financial Inclusion Strategy through initiatives that encourage the wider investing public to develop investment habits.
“As the sustainable exchange championing Africa’s growth, we are, therefore, pleased to support the SEC on this laudable initiative.”
It would be recalled that NGX commemorated World Investor Week from October 4 – 10, 2021, by implementing a number of activities including hosting a free webinar and an Instagram live session on how retail investors can take advantage of the opportunities in the capital market and make sustainable investing. Its activities culminated in a virtual Ring the Bell for Financial Literacy with co-founder and Chief Operating Officer, PiggyVest, Odunayo Eweniyi.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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