* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 28, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Free Live Entertainment – Fremont Street Experience

    Enjoy Free Live Entertainment on Fremont Street Tonight!

    What to Know About ‘Good Morning America’s 50th Anniversary Episode – Wyoming News Now

    Celebrate the Milestone: Everything You Need to Know About Good Morning America’s 50th Anniversary Episode

    Dylan Efron suffers brutal nose injury in ‘DWTS’ rehearsals – Yahoo

    Dylan Efron Endures Painful Nose Injury During ‘DWTS’ Rehearsals

    Person shot, injured in parking lot of adult entertainment club in Gresham – KPTV

    Person Shot and Injured in Gresham Adult Entertainment Club Parking Lot

    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

    Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

    CPE Technology Berhad (KLSE:CPETECH) Has Affirmed Its Dividend Of MYR0.015 – Yahoo Finance

    CPE Technology Berhad (KLSE:CPETECH) Has Affirmed Its Dividend Of MYR0.015 – Yahoo Finance

    Researchers Discover New Bacterium That Turns Food Waste Into Energy – Technology Networks

    Scientists Unveil Breakthrough Bacterium That Transforms Food Waste Into Clean Energy

    Jim Cramer on GSI Technology: “That Thing is a Rocket Ship” – Yahoo Finance

    Jim Cramer Labels GSI Technology a “Rocket Ship” Poised for Takeoff

    The Anti-Tech Backlash Is Going to Grow Stronger – Jacobin

    The Anti-Tech Backlash Is Gaining Unstoppable Momentum

    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Free Live Entertainment – Fremont Street Experience

    Enjoy Free Live Entertainment on Fremont Street Tonight!

    What to Know About ‘Good Morning America’s 50th Anniversary Episode – Wyoming News Now

    Celebrate the Milestone: Everything You Need to Know About Good Morning America’s 50th Anniversary Episode

    Dylan Efron suffers brutal nose injury in ‘DWTS’ rehearsals – Yahoo

    Dylan Efron Endures Painful Nose Injury During ‘DWTS’ Rehearsals

    Person shot, injured in parking lot of adult entertainment club in Gresham – KPTV

    Person Shot and Injured in Gresham Adult Entertainment Club Parking Lot

    Meet Belynda From ‘Married at First Sight’ Season 19: Age, Job, Instagram and More – Yahoo

    Meet Belynda from ‘Married at First Sight’ Season 19: Age, Career, Instagram & More Revealed!

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

    General Hospital’s Rena Sofer Exits as Lois — But the Door Isn’t Closed – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

    Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

    CPE Technology Berhad (KLSE:CPETECH) Has Affirmed Its Dividend Of MYR0.015 – Yahoo Finance

    CPE Technology Berhad (KLSE:CPETECH) Has Affirmed Its Dividend Of MYR0.015 – Yahoo Finance

    Researchers Discover New Bacterium That Turns Food Waste Into Energy – Technology Networks

    Scientists Unveil Breakthrough Bacterium That Transforms Food Waste Into Clean Energy

    Jim Cramer on GSI Technology: “That Thing is a Rocket Ship” – Yahoo Finance

    Jim Cramer Labels GSI Technology a “Rocket Ship” Poised for Takeoff

    The Anti-Tech Backlash Is Going to Grow Stronger – Jacobin

    The Anti-Tech Backlash Is Gaining Unstoppable Momentum

    Comments to EU Regarding the Draft Revised Technology Transfer Block Exemption Regulation and Technology Transfer Guidelines – Information Technology and Innovation Foundation

    Have Your Say: Share Your Thoughts on the Draft Revised Technology Transfer Block Exemption Regulation and Guidelines

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Collective Investment Funds Now N2.1trn – SEC

November 19, 2023
in Business
Collective Investment Funds Now N2.1trn – SEC
Share on FacebookShare on Twitter

DG SEC, Dr. Lamido YugudaDG SEC, Dr. Lamido Yuguda

FIRS

Collective Investment Funds Now N2.1trn – SEC

The Director General of the Securities and Exchange Commission (SEC) Lamido Yuguda, has said the amount of Collective Investment Scheme funds held in custody has hit N2.1tn as of the end of October 2023 from N1.1tn at the beginning of 2020.

Yuguda said this on Tuesday at the opening of the two-day Journalist Academy organised by the Nigerian Capital Market Institute.

The SEC boss, who was represented by the Executive Commissioner (Operations), Dayo Obisan, said that in a bid to manage risk and entrench trust in collective investment schemes, “The Commission mandated that all CIS funds be held in custody. This has helped the growth of these funds from about N1.1 trillion at the beginning of 2020 to about N2.1 trillion at the end of October 2023.

“We continue to encourage investors, especially those on the retail end, to approach the market through these CIS funds, as they provide investors with the opportunity to have their investments managed by knowledgeable investment professionals.”

Yuguda stated that to help solve the perennial problem of unclaimed dividends, which currently stands at N190bn, the Capital Markets Committee, had embarked on the creation of a new e-dividend portal, which is expected to become operational at the end of November.

He said that once operational, the portal would simplify the process of mandating accounts for e-dividends.

“This will improve efficiency and ultimately lead to a significant fall in unpaid dividends. In furtherance of its efforts to ensure that new dividends do not become unclaimed, the Commission is presently supporting work on an identity management system that would ensure that investors and market participants are properly identified so as to forestall the problems that led to the accumulation of unclaimed dividends,” he said.

Meanwhile the head of the Lagos office, SEC, Hafsat Rufai, during her presentation said that the Commission was working on incorporating Capital Market studies into the scheme of work of students from primary through to secondary schools to boost financial literacy and knowledge of the market.

She said, “The students can still do their normal mathematics of addition and division, but this time around include things like nominal value and paid up capital. You will see capital market terminologies in Mathematics, in English Language, in Civic Education, in Social Studies and so on.

“That’s where we are now. We are tackling it with the Nigerian Educational Research and Development Council. And then infusion of the capital market clubs that we have established already in some schools.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2023/11/collective-investment-funds/

Tags: businessCollectiveInvestment
Previous Post

CBN Extends Validity of Old Naira Indefinitely

Next Post

World Bank Approves $300m Palliative Loans – Report

TwinEco: A unified framework for dynamic data-driven digital twins in ecology – ScienceDirect.com

TwinEco: Revolutionizing Ecology with Dynamic Data-Driven Digital Twins

October 28, 2025
How to watch Tennessee high school girls soccer: Science Hill vs. Bearden, Oct. 28 – USA TODAY High School Sports

Don’t Miss the Exciting Tennessee High School Girls Soccer Showdown: Science Hill vs. Bearden on Oct. 28!

October 28, 2025
Scientists Just Mapped 2,600 Dreams – And Found Something Shocking – Yahoo

Scientists Map 2,600 Dreams and Uncover a Shocking Secret

October 28, 2025
Cat Learning “How To Get a Boyfriend” From Her Mom Is Adorably Hilarious – Yahoo

Cat’s Hilariously Adorable Journey Learning “How To Get a Boyfriend” From Her Mom

October 28, 2025
Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

Nigeria’s government is using digital technology to repress citizens. A researcher explains how – The Conversation

October 28, 2025
Panthers vs Bills game review: Déjà vu – Yahoo Sports

Panthers vs Bills: A Thrilling Déjà Vu Showdown

October 28, 2025
Shohei Ohtani Hits 2 Homers, Ties 119-Year-Old Record In Dodgers’ World Series Game 3 Win – FOX Sports

Shohei Ohtani Hits 2 Homers, Ties 119-Year-Old Record In Dodgers’ World Series Game 3 Win – FOX Sports

October 28, 2025
Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market – The Conversation

Trump’s ‘Golden Age’ Economy Questioned as Calls for Lower Interest Rates Reveal Job Market Weakness

October 28, 2025
Free Live Entertainment – Fremont Street Experience

Enjoy Free Live Entertainment on Fremont Street Tonight!

October 28, 2025

SGMC Health Launches Lung Nodule Clinic to Advance Early Detection and Treatment of Lung Cancer – SGMC Health

October 28, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (890)
  • Economy (912)
  • Entertainment (21,783)
  • General (17,856)
  • Health (9,953)
  • Lifestyle (925)
  • News (22,149)
  • People (913)
  • Politics (922)
  • Science (16,123)
  • Sports (21,412)
  • Technology (15,892)
  • World (895)

Recent News

TwinEco: A unified framework for dynamic data-driven digital twins in ecology – ScienceDirect.com

TwinEco: Revolutionizing Ecology with Dynamic Data-Driven Digital Twins

October 28, 2025
How to watch Tennessee high school girls soccer: Science Hill vs. Bearden, Oct. 28 – USA TODAY High School Sports

Don’t Miss the Exciting Tennessee High School Girls Soccer Showdown: Science Hill vs. Bearden on Oct. 28!

October 28, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version