September 2, 2024/NGX Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to bridge the gap between academic research and industry practice. This strategic collaboration aims to foster innovation, enrich learning, and promote sustainable development within the capital market sector. The MoU […]
Capital Market
SEC Nigeria Grants Provisional License to Busha as Virtual Asset Service Providers
By aligning with global regulatory expectations, this development is poised to benefit the Nigerian economy, bringing much-needed legitimacy and oversight to the sector August 30, 2024/Busha Busha leads the way as Nigeria’s pioneering SEC-licensed virtual asset service provider under the SEC’s Accelerated Regulatory Incubation Program. They have been granted one […]
SEC Issues First Local Cryptocurrency Exchange License
August 29, 2024/CSL Research The Nigerian Securities and Exchange Commission (SEC) has recently issued its first provisional operating license to Quidax, an Africa-based cryptocurrency exchange. This significant regulatory shift comes in the wake of the SEC’s June 2024 directive requiring cryptocurrency exchanges and digital asset traders to re-register their businesses […]
