New SEC board inaugurated with Oteh among members
Category: News
Finance Minister Ngozi Okonjo Iweala yesterday inaugurated the Board of Securities and Exchange Commission (SEC), with a challenge to open avenues for other entities yet to join the capital market.
The board has Dr Suleiman H. Ndanusa as chairman. Members are: Malam Mounir Haruna Gwarzo, Mrs Saudatu Mohammed Bello, Hon. Zakawanu Garba, Barrister Adefunke Abiudun, Mr Ugochukwu Ikenna and SEC Director General Ms Aruma Oteh .
Speaking, Ndanusa said the board would work to reconcile the commission with the National Assembly for more understanding between the two bodies.
The National Assembly had removed budgetaryallocations for SEC in the 2013 budget when the executive refused to honour its recommendations for the removal of Oteh.
Ndanusa said there was need for the capital market to rebound. He said the new board would be tough with enforcement and would empower SEC Director General and members of the executive and management to enforce rules as they apply to the market.
Advertisement
Latest news
UPDATE: Senate, Reps deliberate emergency rule in closed session
HAPPENING NOW: Sacked NIMC staff protest at National Assembly
Full autonomy dangerous for LGs, says ex-lawmaker
89 deaths recorded from auto crashes in Kogi
Man, 32, charged with killing brother
Next Ojude Oba will be on new Ijebu Ode bridge
‘Spineless bureaucracy fuels official corruption’
PHCN high tension cable kills two in Edo
Four killed in Onitsha clash
Lateness: Commissioners, workers locked out in Abeokuta
Lagos buildings collapse tribunal inaugurated
Students’ parents want GSM services restored to Maiduguri
Cops arrested over Nasarawa killings not yet guilty —IG
Borno to check fake land titles
My pardon was approved by Yar’Adua - Alamieyeseigha
Truck drivers protest police harassment at Lagos ports
Passengers stranded at Lagos airport as aviation workers begin strike
NAPTIP jails 4 for human trafficking in Edo
Jonathan urges banks to fund infrastructure
HIV programmes neglect adolescents –Survey
Insurgency: DHQ to improve civil-military cohesion
UN: N8trn illegally taken away from Africa annually
NHRC tasks FG on shelter for Nigerians
Minister calls for family-friendly policies
ECOWAS parliament supports emergency rule
Mark decries neglect of border communities
Dangote harps on good environmental policy
US, NAFDAC partner on food, drugs check
Reps threaten bank chiefs over tax remittance
28,000 benefit from Kwara loan facilities
Prev
Next
Page:
Latest Comments
we know who President Umaru Musa Yar’Adua is. it's between you and your oga at ...
My pardon was approved by Yar’Adua - Alamieyeseigha
that s the normal military operation onthing to worry about may Allah rate us a...
Students’ parents want GSM services restored to Maiduguri
You can lie on Yar'adua because he is dead. Nobody disputes it that Jonathan kno...
My pardon was approved by Yar’Adua - Alamieyeseigha
Cartoons
