Shareholders task SEC on proper monitoring of operators

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By Peter Egwuatu

Mrs. Bisi Bakare, Chairman, Pragmatic Shareholders Association of Nigeria

THERE are lots of sharp practices in the Nigerian capital market and it is time for regulators, especially the apex regulator, Securities and Exchange Commission, SEC to hold the bull by the horns by scrutinising annul reports of   public companies and other activities of operators.

SEC should ensure they do their work diligently without fear or favour, provided that is done in the interest of the market and minority shareholders.

I really commend the recent actions of the commission on the ban and revocations of licenses of some operators found cheating investors. This is not business as usual as SEC has woken up from its slumber.

Mr. Segun Owolabi, Chairman Concerned Shareholders Association of Nigeria

THE commission has been so relaxed in some of its responsibility in terms of…



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