Nigeria Securities and Exchange Commission (SEC)
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About Securities and Exchange Commission (SEC)
Securities and Exchange Commission (SEC)
In 1962, a year after the establishment of the Lagos Stock Exchange, an ad hoc consultative and advisory body known as the Capital Issues Committee was established under the aegis of the Central Bank of Nigeria (CBN). Its mandate was to examine applications from companies seeking to raise capital from the market and to recommend the timing of such issues. The Committee, however, had no legal backing, but operated non-officially as a capital market consultative and advisory body within the Central Bank of Nigeria. <br>An increase in the level of economic activities, and consequently capital market activities after cessation of the civil war hostilities, coupled with the promulgation of the Nigerian Enterprises Promotion Decree in 1972, necessitated the creation of another body, the Capital Issues Commission in March, 1973 to take over the activities of the Capital Issues Committee. <br> <br> The new body statutorily backed by the Capital Issues Commission Decree of 1973 which established a board of nine (9) members, including a representative of the Central Bank of Nigeria, serving as Chairman, while the other eight (8) members were drawn from some Federal Ministries, the industrial and finance sectors...
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Contact Information for  Securities and Exchange Commission (SEC)

SEC TOWERS, Plot 272, Samuel Adesujo Ademulegun Street,
Central Business District
PO Box 315 Garki,
Abuja, Abuja Capital Territory

Phone Number: +9-234-9-6330000 ,9-6330399
Fax Number: +234-9-2346276
Contact Name: The Director General

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