SEC operates in line with IOSCO principles, using CBN for revenue account payments and remitting funds to the Federal Government.
3 reports, 1 independent
Updated Jul 30
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
SEC operates in line with IOSCO principles, using CBN for revenue account payments and remitting funds to the Federal Government.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Central Bank of Nigeria remits 80 percent of its profit to the Federal Government.Sub-event
SEC details operational flow, adhering to IOSCO principles while using CBN for payments and remitting funds to the Federal Government.1 source
Keep exploring
The entities involved
-
SEC
Slovak company
-
Central Bank of Nigeria
central bank
-
federal government
highest, central, level of government in a federation
Related events
- The Central Bank of Nigeria is identified as the central bank of Nigeria.
- The Central Bank of Nigeria implements reforms aimed at strengthening Nigeria's financial system.
- CBN holdings are being divided between the Central Bank of Nigeria and the Federal Government of Nigeria.
- Sanusi Lamido Sanusi, former CBN Governor, spoke at a conference convened by Arunma Oteh in Nigeria.
- The SEC is contemplating a new regulatory framework for capital market operations, using successful models like those in Malaysia, while considering the context of Nigeria.
Coverage
Newest first; wire copies grouped- vanguardngr.comSEC gets National Assembly backing on fiscal sustainability drive