Capital Market

SEC Urges Existing Investment Crowdfunding Portals to Comply With Registration Requirements

May 27, 2021/SEC Nigeria This is to inform all stakeholders that as part of efforts to ensure investor protection while encouraging innovation in the conduct of securities business, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021. In line with the transitional […]

SEC’s Regulations On Digital Sub-Brokers – Clarity for Online Inv. and Trading Platforms in Nigeria?

May 24, 2021/Proshare by Detail Commercial Solicitors Background In our newsletter on “SEC’s Directive To Online Investment And Trading Platforms in Nigeria – The Way Forward” (the “Newsletter”), we had analyzed the Securities and Exchange Commission’s (“SEC”) Press Release dated 8th April, 2021 on the Proliferation of Unregistered Online Investment and […]

SEC Adopts guidelines on Sustainable Finance for CMOs

May 23, 2021/SEC Nigeria The Securities and Exchange Commission has adopted the Nigerian Sustainable Finance Principles (NSFP) as developed by the Financial Services Regulation Coordinating Committee (FSRCC) for the capital market.  This was contained in a statement released by the Commission in Abuja, weekend. The regulator stated that the objectives […]