Securities And Exchange Commission (Nigeria)
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Securities And Exchange Commission (Nigeria)
The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market. It is supervised by the Federal Ministry of Finance. The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against insider trading abuses. Formation and early years The Commission originates from the ad hoc, non-statutory Capital Issues Committee established in 1962 as an arm of the Central Bank of Nigeria. The committee became the Security Exchange Commission in 1977, and then the Securities and Exchange Commission was chartered with SEC Decree No. 71 of 1979. The commission is now chartered by the Investments and Securities Act No 45 of 1999. A second-tier securities market was established in 1985, and the market grew as the government followed a program of privatization of public sector enterprises. Wit ...
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Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ...
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Joseph Oladele Sanusi
Chief (Dr.) Joseph Oladele Sanusi (born 24 September 1938) is a Nigerian chartered accountant who was Governor of the Central Bank of Nigeria from May 1999 to May 2004. Background and qualifications Sanusi was born on 24 September 1938 in Ogbagi-Akoko, Ondo State, Nigeria. He studied at South West London College and Kingston College of Technology, England from 1962 to 1965, qualifying as a Chartered Accountant. He became a member of the Institute of Chartered Accountants of Nigeria (ICAN) in 1969, and became a fellow of the Nigerian Institute of Bankers in 1987. Career Sanusi worked first as an Accountant in England, then with the Department of Customs and Excise in Nigeria. He joined the Central Bank of Nigeria (CBN) in 1966 as a Deputy Manager. He became a Departmental Director in 1977, Chief Executive of the Securities and Exchange Commission (1978–1979), Executive Director, Monetary and Banking Policy (1979–1984), and Deputy Governor (1988–1990). Sanusi left the C ...
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Securities And Exchange Commissions
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a sec ...
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Government Agencies Established In 1979
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ...
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Regulation In Nigeria
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Social Regulation in the social, political, psychological, and economic domains can take many forms: law, legal restric ...
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Mounir H
{{redirect, Monir, the village in Iran, Monir, Iran Muneer (also spelled Moneer, Monir, Mounir, or Muneyr, ar, منير, meaning ''illuminating'', ''lightsome'', ''bright'', ''luminous'') is a masculine Arabic given name, it may refer to: Given name * Muneer Ahmad, American professor of law * Munir Akram, Pakistan Ambassador to the United Nations from 2002 to 2008 * Munir al-Rayyes (1901-1992), was a prominent Syrian newspaper editor and writer * Munir Awad, citizen of Sweden who has fallen under suspicion of an association with terrorism * Muneer Ahmed Badini, Pakistani writer * Munir Bashir, Assyrian musician * Münir Ertegün, Turkish politician * Muneer Fareed, American scholar * Munir El Haddadi, Moroccan footballer at Getafe CF * Mounir El Hamdaoui, Dutch-Moroccan footballer * Monir Hossain, Bangladeshi cricketer * Munir Ahmad Khan, Pakistani nuclear engineer and former head of Pakistan's nuclear power and deterrence program * Mounir Maasri, Lebanese actor * Mounir El Motass ...
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Udoma Udo Udoma
Udoma Udo Udoma is Nigeria's Former Minister of Budget and National Planning and the son of Late Sir Egbert Udo Udoma. He is also the founding partner of Udo Udoma & Belo Osagie - one of Nigeria's oldest and largest commercial law firm Education Udoma attended Corona School, Ikoyi, Lagos from 1962 to 1964 and Nakasoro Primary School, Kampala, Uganda from 1964 to 1965. He attended King's College, Lagos, King's College, Lagos for his secondary education from 1966 to 1972 and after his A levels proceeded to St. Catherine's College, Oxford, England where he obtained a B.A. (Law) degree in 1976 and a B.C.L. degree in jurisprudence in 1977. He was called to the Nigerian Bar Association in 1978, after obtaining a B.L. degree at the Nigerian Law School. Senate career He was elected Senator for the Akwa-Ibom South constituency of Akwa-Ibom State, Nigeria at the start of the Nigerian Fourth Republic, running on the People's Democratic Party (PDP) platform. He took office on 29 ...
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John Edozien
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope John ...
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John Madaki
John Yahaya Madaki (?–2018) was military governor of Katsina State, Nigeria in December 1989, during the military regime of General Ibrahim Babangida. He handed over to the elected civilian governor Saidu Barda in January 1992 at the start of the Nigerian Third Republic. Early years Madaki was born in Gawu Babangida in Gurara local government, Niger State. He was nicknamed "jungle expert" after attending a course in Malaya on Advanced Jungle Warfare and Combat Survival. At the time of the 1985 coup in which General Ibrahim Babangida came to power, Major John Madaki was commanding officer of the 123 Guards Battalion at Ikeja, and assisted in the success of the coup. Katsina Governor Madaki was promoted to Lt. Colonel and became governor of Katsina State in December 1989. Katsina was the center of the Islamic Movement that had been established in 1985 with the goal of establishing an Islamic state in Nigeria. In May 1990, Madaki warned all religious leaders to stay out of ...
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Arunma Oteh
Arunma Oteh is a Nigerian economist. She was the Treasurer and a Vice President of the World Bank (2015–2018). She became the Director General of the Securities and Exchange Commission (SEC) in Nigeria in January 2010. In this position she was responsible for regulation of Nigeria's capital markets, including the Nigerian Stock Exchange. In July 2015, after her tenure in the SEC, she was appointed the vice president and treasurer of the World Bank. She was appointed chair of the Royal African Society in July 2021, taking over from Zeinab Badawi. Early life and education Arunma Oteh is of Nigerian/British nationality. She is from Abia State. She studied at the University of Nigeria in Nsukka, earning a first class honors degree in Computer Science. She went on to the Harvard Business School where she obtained a master's degree in Business Administration. She co-edited the book, ''African Voices African Visions''. Career Oteh worked for various institutions including the Harvar ...
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Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ...
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Global Financial Crisis
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., and North A ...
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