Suggestions




SEC Takes CSR To ABU

March 28, 2022
by
SEC Takes CSR To ABU
SEC Takes CSR To ABU

The Securities and Exchange Commission (SEC) has announced that its latest corporate social responsibility pendulum has tilted to the famed Ahmadu Bello University, Zaria.

Hinting the collaboration will further deepen the Nigerian capital market, the Director General, SEC, Lamido Yuguda stated this when the Vice Chancellor of ABU Prof Kabiru Bala led other top management of the university visited the Commission.

Join our WhatsApp Channel

Yuguda ceased the opportunity to inform the public that the Commission was currently carrying out a number of initiatives that would appeal to the younger generation and attract them to the capital market.

With the current breakneck speed of the ICTs, the SEC DG also sounded the death knell of the sole dependency of the Commission on just paper works and other brick and mortar practices.

He said: “Today, people like things they can do on their phones/tablets and that is why we are embracing technology in the capital market. Fintechs are attracting young people to do investments with their phones meanwhile the market still relies on paper documentation.”

“This is really something of the past as we are committed to ensuring that our markets are technology driven. Technology is the way to go and it is the way to really engage people. Once the youths buy an idea, it goes far and wide,” he awakened.

Strengthening the commission’s latest techy living, Yuguda encouraged investors to come forward and activate their accounts for e-dividend, going forward.

He said: “So many investors have shares in the capital market and have abandoned them. People have not come forward to claim their dividends and this has led to huge unclaimed dividends and has increased the unclaimed dividends profile.”

In appreciation, Vice Chancellor of ABU Prof Kabiru Bala described the visit as part of the advancement of the university to keep in contact with their alumni as is done in most global universities.

Prof.  Bala further implored alumni to collaborate with their alma mater to lend a helping hand as many universities are currently grappling with untold funding challenges.

“We know many institutions are grappling with issues of funding and these alumni can come in to assist. This will drastically reduce the incidences of industrial action by the staff” He said.

 

+ posts

Queen Nwabueze

Related Posts

A’Ibom Govt Sues ExxonMobil, Describes Latest Move As ‘Most Irresponsible For Any Corporate Citizen’
Previous Story

A’Ibom Govt Sues ExxonMobil, Describes Latest Move As ‘Most Irresponsible For Any Corporate Citizen’

Next Story

Soludo May Scrap ‘Office Of First Lady’ In Anambra

Featured Stories

Related Posts

Latest from News

Nigeria Now Leading Cement Exporter In Africa – Dangote

Why Tinubu Policies Can Crash Dollar Rate – Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially bringing the exchange rate down to as low as ₦1,100 to $1. Dangote made the remarks on Tuesday

Gabon Suspends Social Media Amid Rising Unrest

Gabon’s media regulator has ordered the suspension of social media platforms “until further notice,” citing content that it says is fuelling division and unrest in the country. The High Authority for Communication (HAC) announced the move on Tuesday. Spokesman Jean-Claude Mendome said

Peru Impeaches Interim President Amid Corruption Allegations

Peru’s Congress has removed interim president Jose Jeri, making him the country’s seventh leader in just ten years to be toppled amid corruption claims. Jeri, 39, faced accusations of irregularly hiring women within his administration and of alleged graft linked to a

Japan Fulfils Pledge to US in Lower Tariff Deal

The United States has announced the first wave of Japanese investments under a $550bn trade agreement that saw Washington cut tariffs on imports from Tokyo. US President Donald Trump said on Tuesday that Japan had committed $36bn to three major infrastructure projects
A’Ibom Govt Sues ExxonMobil, Describes Latest Move As ‘Most Irresponsible For Any Corporate Citizen’
Previous Story

A’Ibom Govt Sues ExxonMobil, Describes Latest Move As ‘Most Irresponsible For Any Corporate Citizen’

Next Story

Soludo May Scrap ‘Office Of First Lady’ In Anambra

Don't Miss

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 11th June 2025

What is the dollar-to-naira exchange rate on the black market,
Artificial Intelligence And The Future Of Music Industry

Artificial Intelligence And The Future Of Music Industry

By Geraldine Anyanwu               Music is one of the