sec Archives - KapitalFM 92.9 Abuja

New Defence Perm Sec Strategizes To Deliver National Security Mandate

In a bid to enhance military operations and strengthen Nigeria’s overall defence system, the Permanent Secretary of the Ministry of Defence Richard Pheelangwah has outlined a clear set of priorities aimed at improving efficiency and accountability across the Ministry as he assumes duty. Speaking during the handover ceremony, he pledged to promote transparency, teamwork, meritocracy, discipline, and strict adherence to due process, values he described as essential for a functional […]

November 26, 2025

National

Review N500m-N1b Capital Requirement For VASPs – Reps Tell SEC

House of Representatives has urged the Securities and Exchange Commission, SEC to review the ₦500 million to ₦1 billion capital requirement imposed on Virtual Assets Service Providers, VASPs describing it as excessive and restrictive to innovation. The House Ad-Hoc Committee on the Economic, Regulatory, and Security Implications of Cryptocurrency Adoption and Point-of-Sale (POS) Operations said the current threshold could discourage legitimate investors and exclude young entrepreneurs from participating in the […]

October 14, 2025

General

MOE, SEC, CORE Int’l Launch Capital Market Schools Quiz Competition

Ministry of Education, in collaboration with the Securities and Exchange Commission (SEC) and Core International, have launched the Nigerian Capital Market Secondary Schools Quiz Competition. This is contained in a statement signed by the Director-Core and Financial Markets Indaba, Patrick Muzundo, in Abuja. According to the statement, the initiative is aimed at promoting financial literacy and enhance understanding of the capital market among Nigerian youths. The statement says this will […]

July 23, 2025

Business

Avoid CBEX: SEC Cautions Nigerians

The Securities and Exchange Commission, SEC, has again cautioned Nigerians against patronising ponzi schemes such as Crypto Bridge Exchange, CBEX and ST Technologies International Limited. SEC in a statement notes that neither CBEX nor ST Technologies International Ltd is registered with the Commission or authorized to offer investment related services to the public. The Commission, says the warning is necessary following the media reports indicating that CBEX operating under the […]

June 12, 2025

News

Delta APC : SEC Dissociates From Petition For Removal Of Morka

Crisis in the Delta State Chapter of the All Progressive Congress has intensified following a petition calling for the removal of the Party's National Publicity Secretary, Mr Felix Morka. This is contained in a letter to the APC National Chairman, Alhaji Umar Ganduje. The State Executive Committee distanced itself from the petition, describing it as baseless and unacceptable by the Committee. In the letter, the State's Chairman of the party, […]

March 20, 2025

National

New Water Resources Perm Sec Tasks Staff On Hardwork

Productivity and Cooperation are key in achieving set targets. The new Permanent Secretary, Ministry of Water Resources and Sanitation, Alhaji Shehu Aliyu Shinkafi stated this during the handing over ceremony, in Abuja. He commended his predecessor, Didi Walson-Jack, for laying what he described as a sound foundation, which he will build upon. "My predecessor who I am sure has laid a very sound foundation for me to leverage on is […]

January 18, 2024

Featured

Perm Sec MMSD, Harps On Synergy To Boost Sector

The Permanent Secretary, Ministry of Mines and Steel Development, MMSD, Dr. Mary Ogbe has called on agencies under the ministry to synergize to boost the sector and attract both local and international investors. Dr. Ogbe made the call during a familiarization visit to the Executive Secretary, of the Solid Minerals Development Fund, SMDF, Hajia Fatima Umaru Shinkafi in Abuja. Dr. Ogbe explained that the focus of the synergy should be […]

July 18, 2023

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