305 results found

On 30 August 2021, the Security and Exchange Commission ("SEC") unveiled n rules applicable to persons who provide Robo Advisory Services in Nigeria ("the Rules").

The spotlight has been cast on Nigeria's merger and acquisition scene since 2021, owing largely to the increase of mergers and acquisitions (M&A) deals and increased activities by regulators...

The Business Facilitation (Miscellaneous Provisions) Act was signed and enacted into law by President Muhammadu Buhari in February 2023.

On May 11, 2022, the SEC consolidated the Proposed Rules and issued New Rules on Issuance, Offering Platforms and Custody of Digital Assets.

As the Apex regulatory body for the Nigerian capital market, the Securities and Exchange Commission (the "SEC") released a circular on June 16, 2021 notifying members of the public...

On March 25, 2025, the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, signed the Investment and Securities Act, 2025 into law.

An initial public offering fundamentally transforms a company's relationship with capital, ownership, and disclosure. This analysis examines the structural, regulatory, and commercial implications that follow an IPO in Nigeria, drawing on recent transactions including Dangote Refinery's N2.15 trillion offering and OPay's planned listing.

Nigeria's wealth management industry has evolved from informal advisory practices into a highly regulated financial services sector. Understanding the licensing requirements and compliance obligations imposed...

Nigeria's Securities and Exchange Commission has released comprehensive proposed rules governing digital and virtual asset operations, introducing distinct regulatory categories for exchanges, custodians, and tokenisation platforms. The framework establishes capital requirements ranging from ₦200 million to ₦2 billion, detailed stablecoin reserve requirements, and enhanced investor protection measures across the digital asset value chain. Businesses operating in Nigeria's digital asset ecosystem

Nigeria is modernizing its financial markets through two major regulatory developments: a Presidential Executive Order establishing coordinated oversight of virtual assets, and proposed SEC rules governing cross-border securities trading. These reforms aim to create a more transparent investment ecosystem while balancing innovation with investor protection and regulatory clarity.

The Investments and Securities Act 2025 has fundamentally transformed Nigeria's regulatory framework for public offers, introducing stringent registration requirements, enhanced disclosure obligations, and comprehensive investor protection mechanisms. What are the specific legal requirements companies must satisfy when making securities available to the public, and how does the new Act strengthen the Securities and Exchange Commission's supervisory powers while creating direct civil and criminal remedies fo

As the world becomes more digitally dependent, there has been an increase in the use of digital assets such as cryptocurrency, Non-fungible tokens (NFTs), Central Bank Digital Currencies (CBDCs)...

The Bill in its explanatory memorandum seeks to provide a legal and institutional framework for the development of start-ups in Nigeria by providing an enabling environment for the establishment...

The CBN, NIS, NCC, FRCN) and SEC issued a series of Press Releases, Circulars, Directives, Public Notices and Guidelines in December 2025, containing information and directives for the Financial Services, Immigration, Telecommunication, and the general public.

Nigeria, Africa's largest economy and second biggest market, is an important investment destination. One of her greatest challenges is archaic business laws.

Profit making is the primary goal of business, howsoever organised – whether a partnership, private or public (listed or unlisted) company, and this is duly recognised by law.

The Investment and Securities Act (ISA) of 2025 was signed into law on March 31st, 2025, by President Bola Ahmed Tinubu, repealing and replacing the Investment and Securities Act (ISA) of 2007...