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The Securities and Exchange Commission (SEC) has issued a six-week ultimatum to capital market operators, demanding the submission of board-approved plans for recapitalisation or license downgrade. This directive follows the recent announcement of significantly increased minimum capital requirements across the sector.
Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), has emphasized the necessity of educating Nigerians about the digital finance sector, identifying cryptocurrency as a pivotal component of the future economic landscape.
The Securities and Exchange Commission (SEC) has called on civil servants in Nigeria to explore capital market opportunities to build wealth, improve retirement security, and steer clear of Ponzi schemes.
Inspector-General of Police, Kayode Egbetokun, has stated that a stronger collaboration between the Nigeria Police Force and the capital market community is crucial for boosting investor confidence and ensuring market integrity. His remarks followed a closing gong ceremony at the Nigerian Exchange.
The Securities and Exchange Commission (SEC) has announced new minimum capital requirements in Nigeria’s capital market, raising thresholds to N7 billion for underwriting issuing houses and N2 billion for non-underwriting houses and trustees, with a compliance deadline of June 30, 2027.
The Securities and Exchange Commission (SEC) has declared a hike in the minimum capital requirements for capital market operators to bolster market stability and safeguard investors.
The Securities and Exchange Commission (SEC) is requesting the Nigeria Police Force to enhance their fight against fraudsters in the cryptocurrency sector and Ponzi scheme operators, who are currently thriving beyond official surveillance.
