Tag: investing
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Late Herbert Wigwe linked to 106 London properties
By Editor Late Nigerian banker, Herbert Wigwe, has been linked to the ownership of 106 properties in London, placing him seventh among billionaire real‑estate holders in the British capital, according to a report by The Londoner. The investigation — titled Revealed: The billionaires who really own London — uncovered some 32,611 overseas‑owned properties across the…
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SEC decries Nigerian investor preference for Ponzi schemes
The Securities and Exchange Commission has expressed fresh concerns over Nigerians’ appetite for investing in Ponzi schemes despite the availability of safer, regulated investment products. The Head of the Enforcement Department at the SEC, Dr Sa’ad Abdulsalam, made this observation on Thursday at the Capital Market Enlightenment Programme organised for the Capital Market Correspondents Association…
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Listed companies declared N1.1trn dividends in 2024 –Agama
The Securities and Exchange Commission (SEC) has said that listed companies declared dividends totaling N1.1 trillion to shareholders in 2024. The Director-General of SEC, Emomotimi Agama, disclosed this at the first quarter Capital Market Committee (CMC) meeting recently in Lagos. Agama said out of the amount, listed companies had already paid N1.0 trillion to shareholders.…
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