SEC moves to curb illicit funds in banking recapitalisation
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SEC brings N2.36tn special funds into custody
The Securities and Exchange Commission has revealed that it has brought about N2.36tn in discretionary and non-discretionary funds under custody following updates to the guidelines for Collective Investment Schemes in the country. Last December, the commission proposed amendments that would address the complaints of players in the Collective Investment Scheme segment of the capital market. Read More