May 21, 2024/NGX The UK Government shares the belief that Nigeria will benefit from the further development of its capital market and is keen to support it through its Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme. Nigeria’s capital market can help contribute to the delivery of the country’s […]
Capital Market
SEC Releases Proposed New Rules on the Issuance and Allotment of Private Companies’ Securities
May 14, 2024/SEC Nigeria The Securities & Exchange Commission (SEC) is seeking to regulate debt issuances by private companies and has recently published a draft of the new rules for comments. The Draft is the legal framework under which private companies can raise capital publicly without converting to a public […]
New Rules: SEC Says Unapproved Issuance Of Securities to Attract N10m Penalty
…SEC Issues New Rules on Issuance and Allotment of Private Companies’ Securities May 9, 2024/SEC Nigeria The Securities and Exchange Commission (SEC Nigeria) has exposed New Rules on Issuance and Allotment by Private Companies Securities declaring that any person who issues or allots securities without its prior approval or violates […]
