Capital Market

SEC Says Stecs (Alausa) Multipurpose Cooperative Society is an Unregistered Operator

January 24, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the activities of Stecs (Alausa) Multipurpose Cooperative Society (popularly known as Stecs), which is engaging in capital market activities by inviting the public to invest in its Stecs Commodity Mudarabah Investment Series […]

SEC Says Risevest Technologies Limited is Illegal Operator

January 29, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to the activities of Risevest Technologies Limited, which holds itself out as a Digital Dollar/Fund Manager in the Nigerian Capital Market. The Commission hereby notifies the public that Risevest Technologies Limited is NOT […]

EFCC, NGX RegCo to Strengthen Partnership on Market Integrity

January 29, 2025/NGX NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nigeria’s increasingly digitalized capital market. This strategic initiative was discussed during a […]