Capital Market

NGX ETF Market Capitalization Hits N20.32 Billion

…as trade volume rise by 3064% June 17, 2021/NGX The assets under listing of the Nigerian Exchange Limited (NGX), the leading market for Exchange traded Funds (ETFs) in the West African region market rose by N20.324 billion in the first quarter (Q1) of 2021. This was even as trade volumes […]

SEC Unveils Regulatory Incubation Program for FinTech Operations in the Nigerian Capital Market

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 […]

SEC Announces June 30, 2021 Deadline for Crowdfunding, Digital Commodity Platforms

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 […]