Nigeria’s SEC Proposes N20 million Paid-Up Capital for Private Equity Fund Managers

ARUNMA OTEH 1By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) has proposed a minimum of N20 million Paid-Up Capital for Fund Managers of Private Equity Funds.

This is contained in the proposed New Rules and Amendment of SEC Rules November 2012.

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