Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each
Nigeria’s capital market regulators have scored a significant enforcement win after a Federal High Court in Nasarawa State convicted 21 ...
Tag: SEC
SEC Proposes N3 Billion Minimum Capital for Forex Brokers, N5 Billion for Trading Platforms
The Securities and Exchange Commission has proposed a new regulatory framework for online forex trading and Contracts for Difference, setting ...
SEC Gives Capital Market Operators Two Days to Submit Capital Flows Returns
The Securities and Exchange Commission (SEC) has issued an urgent directive to all capital market operators to submit their second-quarter ...
Nigeria’s Crypto Transactions Hit $96bn as SEC Tightens Oversight
Nigeria's digital asset market has seen approximately $96 billion in cryptocurrency and virtual asset transactions, according to the Director-General of ...
Nigerians Lose Over N316 Billion to Fraudulent Investment Schemes, SEC Warns
The Securities and Exchange Commission (SEC) has revealed that Nigerians have been defrauded of approximately N316 billion through Ponzi schemes ...
Nigeria’s Ethical Finance Sector Surges to N1.6 Trillion Milestone, SEC Reports
Nigeria's market for interest-free investments has reached a robust valuation of N1.6 trillion, signaling increased trust from investors and broader ...
SEC Slashes Capital Market Approval Time to 14 Days
In a significant move to enhance efficiency and boost economic growth, the Securities and Exchange Commission (SEC) has reduced the ...
Mutual Funds Investments in Nigeria Surge by 80.8% to N4.1 Trillion
The Nigerian mutual funds market has witnessed a remarkable 80.8% increase in total assets under management, soaring to N4.1 trillion ...
CBN and SEC Approve GTCO’s N209 Billion Equity Capital Raise
Guaranty Trust Holding Company Plc (GTCO) has received approvals from the Central Bank of Nigeria (CBN) and the Securities and ...
SEC Warns Public Against Marino FX Over Unauthorized Operations
The Securities and Exchange Commission (SEC) has cautioned Nigerians against conducting any transactions with Marino FX Limited, highlighting that the ...
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