The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
SEC Nigeria
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BusinessCrimeEconomyFinanceGovernanceRegulation
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Capital MarketFinanceNigeriaRegulationTechnology
SEC Pushes for Technology-Driven Compliance Ahead of 2025
The Securities and Exchange Commission has called for stronger adoption of technology-driven compliance systems across Nigeria’s capital market as preparations heighten for the SEC/Nigerian Capital Market Institute Compliance Summit 2025. …
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BusinessCapital MarketCryptocurrencyEconomyFinanceRegulation
SEC Raises Alarm Over Nigerians’ Shift to Cryptocurrency
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
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BusinessCapital MarketEconomyFinanceRegulationTechnology
CSCS to Host Webinar Ahead of Nigeria’s Transition to T+2 Settlement Cycle
The Central Securities Clearing System Plc (CSCS) has announced plans to host a major webinar as part of industry-wide sensitisation on Nigeria’s transition to the T+2 Settlement cycle for equities …
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BusinessEconomyInsuranceNigeriaRegulation
NAICOM, SEC Strengthen Partnership to Drive Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a major push on Tuesday as the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC) pledged to work more …
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BusinessCapital MarketEnergyInfrastructureNigeriaPower SectorState News
Elektron Finance Launches N200bn Bond Programme
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …
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CrimeCryptocurrencyFinance & ServicesNigeriaRegulation
West Africa Lost $2.1 Billion to Crypto Crimes in 2024
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised alarm over rising cases of fraud linked to cryptocurrency and digital assets across West Africa, saying …
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CryptocurrencyFinance & ServicesRegulationSecurityTechnologyWestern Africa
SEC Raises Alarm over $2.1bn Suspicious Crypto Deals in West Africa
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has raised concern over the sharp rise in suspicious cryptocurrency-related transactions across West Africa. Speaking at the …
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CryptocurrencyDigital EconomyFinance & ServicesInnovationNigeriaTechnology
SEC Declares Nigeria Open for Stablecoin Business
The Securities and Exchange Commission (SEC) has officially declared Nigeria open for stablecoin business, with a strong emphasis on compliance, regulation, and innovation. Speaking at the Nigeria Stablecoin Summit held …
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EconomyFinance & ServicesGOVERNMENTMarketsNigeriaPoliciesTechnology
SEC to Launch USSD Code to Help Nigerians Verify Investment Operators
The Securities and Exchange Commission (SEC), Nigeria’s top capital market regulator, has announced plans to launch a new Unstructured Supplementary Service Data (USSD) code to help Nigerians verify the registration …