Nigeria’s capital market now faces a major shake-up following mandatory minimum capital requirements set for market entities. Not only will the move see market operators outpace their peers in other African countries but it will also trigger survival of the fittest. On January 16, 2026, the Securities and Exchange Commission (SEC) announced new minimum capital …
The Securities and Exchange Commission (SEC) has called on Nigerian civil servants to leverage opportunities in the capital market as a pathway to wealth creation, financial security and deeper participation in national economic growth. The Director-General of the SEC, Emomotimi Agama, made the call during a strategic engagement with the Head of Service of the …
The Securities and Exchange Commission (SEC) of Nigeria has increased minimum capital requirements for all regulated capital market entities. It disclosed this in a circular released on Friday, December 16, stating the aim is to boost market stability and align capital with evolving risk profiles. “This review is informed by the need to strengthen market …
Eterna Plc said it has received the Securities and Exchange Commission's (SEC) approval to proceed with its ₦21.52 billion Rights Issue of 978,108,485 ordinary shares of ₦0.50 each at ₦22.00 per share. The disclosure was made in a statement issued on Monday by the Company Secretary, David Edet, and sent to shareholders and the Nigerian …
The Securities and Exchange Commission (SEC) has declared the operations of Voya Investment Management (VIM) fraudulent, warning that the platform is designed to deceive unsuspecting investors. In a statement issued on Wednesday, the Commission said it neither licensed nor approved the operations of Voya Investment Management. The SEC noted that the online investment platform operates …
The Securities and Exchange Commission (SEC) has said it will intensify enforcement actions in 2026 following the enactment of the Investments and Securities Act (ISA) 2025 to strengthen investor protection and market integrity. The SEC Director-General, Emomotimi Agama, said in a statement on Sunday, while outlining the Commission’s regulatory priorities. He noted that the ISA …
The Securities and Exchange Commission (SEC) stated that it would focus on mobilising long-term capital to bridge Nigeria’s infrastructure gaps, streamline regulations, and promote innovative financial instruments that drive investment into productive sectors. The SEC Director General, Emomotimi Agama, said in a New Year's Message on Thursday. Specifically, he said the commission would facilitate the …
The Nigerian Exchange Limited (NGX) has approved N15.34 billion of Chapel Hill Denham Management Limited’s Series 11 Nigeria Infrastructure Debt Fund on the domestic market. It made this known in its weekly report released on December 12, 2025. According to the NGX, the fund comprises 140.1 million units of N100.00 each, valued at N109.50 each, …
Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, has said the newly unveiled digital platform for Gas Trading Licence, and the Clearing House & Settlement Authorisation will enhance transparency of Nigeria’s gas market and offer a framework that aligns with global best practices. Ekperikpo stated this during the official unveiling of the GTL platform on Thursday, …
Nigeria is moving towards a T+1 (trade date plus one day) settlement cycle and will eventually settle for a T+0 cycle, according to the Securities and Exchange Commission (SEC). The move is part of a series of wide-ranging reforms the SEC Director-General Emomotimi Agama hinted at during the second Capital Market Committee (CMC) meeting for …
