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ARTICLE · 12 NOVEMBER 2025

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Summary Of Key Changes To The Investment And Securities Act 2025

PwC Nigeria
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The Investments and Securities Act ("ISA") 2025 marks a significant milestone in Nigeria's capital market regulation, coming into effect 18 years after the Investment and Securities Act 2007 (the "Repealed Act").

NigeriaFinance and Banking
Omobolanle Adekoya
Omobolanle Adekoya
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Introduction

The Investments and Securities Act ("ISA") 2025 marks a significant milestone in Nigeria's capital market regulation, coming into effect 18 years after the Investment and Securities Act 2007 (the "Repealed Act"). ISA 2025 was enacted in March 2025, as a significant move to align it with global best practices, market trends, deepen the legal and regulatory framework of the Nigerian capital market, and address issues not adequately addressed in the Repealed Act. This transformative step repeals ISA 2007, marking a new era in the governance of investment and securities in Nigeria.

Summary of key changes and potential impact

"The introduction of ISA 2025 brings key reforms that can enhance Nigeria's capital market and broader financial landscape. Some notable changes and their potential impact include:

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