June 17, 2021/SEC Nigeria The Securities and Exchange Commission (SEC) announces the imminent roll-out of the SEC Regulatory Incubation (RI) program for FinTechs operating or seeking to operate in the Nigerian Capital Market. The Regulatory Incubation (RI) program is designed to address the needs of new business models and processes […]

June 15, 2021/SEC Nigeria This is to inform all existing investment crowdfunding portals/digital commodities investment platforms operating in Nigeria that the deadline for registration is 30th June 2021. Failure to comply with this deadline will mean that the operations of such platforms will be categorized as illegal and attract regulatory sanction […]

June 15, 2021/NG Clearing Ltd Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty (CCP) with effect from 7th June 2021. This registration now permits NG Clearing to clear and settle Exchange […]