Nigeria's National Pension Commission has extended regulatory forbearance allowing Pension Fund Administrators to invest in securities issued by parent companies of their Pension Fund Custodians. This carefully calibrated relaxation of related-party investment constraints creates new opportunities while maintaining strict governance requirements and exposure limits to protect retirement savings.

The first era of Nigerian fintech rewarded speed. Companies that could process payments faster, designed cleaner interfaces, and deliver smoother onboarding captured users and attracted capital.

In our Series 3 of these updates (LINK), we had looked at the Securities and Exchange Commission's ("SEC") requirements in relation to Digital Assets Custodians. In this current series,...

With the enactment of the Investment and Securities Act 2025, virtual assets/digital assets including cryptocurrencies, Non-Fungible Tokens, etc. can now be legally traded and transacted in Nigeria subject to satisfying applicable legal requirements.

Over the years virtual digital assets, commonly referred to as cryptocurrencies, have become ubiquitous prompting the authorities to grapple with a suitable form of regulation or supervision.

The SEC private equity rules regulate private equity fund managers at the fund level and at the manager level.

On 16th January 2026, the Securities and Exchange Commission (the “SEC”) released Circular Number 26-1 on the revision of Minimum Capital (MC) applicable to all categories of regulated capital market entities and this Circular seeks to strengthen market resilience, enhance investor protection, align capital adequacy with the evolving risk profile of market activities, and ensure that regulated entities possess sufficient financial capacity to discharge their obligations in a sustainable manner.

The Investment and Securities Act (ISA) 2025 was enacted on March 31, 2025 by President Bola Ahmed Tinubu to replace the previous ISA, updating the law with provisions impacting emerging trends...

In this article, we shed light on the directive of the CBN, its effect on cryptocurrency trading in Nigeria, and the Securities and Exchange Commission's (SEC) stance on cryptocurrency in Nigeria.

By virtue of Section 13 of the Investment and Securities Act, 2007 the SEC, is the apex regulatory organization for the Nigerian capital market, which is empowered to regulate investments and securities business in Nigeria.

The structure of a green bond transaction is very similar to that of a traditional bond.

Whether digital and virtual assets are, or need to be, regulated in Nigeria has been quite controversial in recent times.

The Securities and Exchange Commission (SEC) announced the Accelerated Regulatory Incubation Programme (ARIP) Framework on June 21, 2024, aiming to improve compliance with regulations and expedite the onboarding process for Virtual Assets Service Providers (VASPs) and Digital Investments Service Providers.

Environmental, Social, and Governance (ESG) reporting in the past year has gained significant traction globally. Investors...

For a nation seeking emancipation from the long-time classification of "Third-World Country", it is important that we not only intensify our focus on infrastructural development...

In Part I of this series, we discussed the important role of jurisdiction in legal disputes involving companies under administration, examining how courts determine their authority to hear such cases.

Availability of funding is critical to the growth and success of startups. As founders are not always capable of providing capital for their business through its life cycle

This month, the Central Bank of Nigeria (the "CBN") and the Securities and Exchange Commission (the "SEC") issued relevant guidelines and market updates.

The enactment of the Investment and Securities Act, 2025 ushered in a new regime for the formal recognition and acceptance of cryptocurrencies in Nigeria with the implication that cryptocurrencies and other forms of virtual assets can now be legally traded in Nigeria.

In our earlier article, we had highlighted the intention of the primary regulator of investments and securities in Nigeria, the Securities and Exchange Commission (the "Commission") to regulate virtual/digital assets in Nigeria.