Nigeria’s SEC may go bankrupt as expenditure outstrips income, runs N5 bln deficit

Nigeria’s SEC may go bankrupt as expenditure outstrips income, runs N5 bln deficit: The Security and Exchange Commission (SEC) is gradually becoming insolvent and could go bankrupt very soon, according to Senate Joint Committees on the 2022-2024 Medium-Term Expenditure Framework and Fiscal Strategy. The committee came to this conclusion when the director general of the SEC ...