The Securities and Exchange Commission (SEC) has said Nigeria’s new T+1 settlement regime is operating smoothly, with no settlement default recorded over funding constraints since its implementation on June 1, 2026. The Director-General of the SEC, Dr Emomotimi Agama, disclosed this in an interview with journalists in Abuja at the weekend. Agama, who was represented …
Nigeria’s Securities and Exchange Commission (SEC) is moving to bring more of the country’s rapidly expanding digital asset market under formal regulatory oversight. But the growing scale of crypto activity means the regulator now faces a bigger challenge, that is, turning a largely market-driven ecosystem into a compliant and investor-protected financial market. The SEC recently …
The Securities and Exchange Commission (SEC) will on Thursday, August 6, hold an investor clinic in Abuja to educate investors and beneficiaries on how to recover unclaimed monies and inherited investments in the Nigerian capital market. The programme, tagged 'Probate and Unclaimed Monies Awareness and Investor Clinic,' is part of a nationwide awareness campaign by …
The Securities and Exchange Commission (SEC) has introduced a fully electronic registration process for Capital Market Operators (CMOs). The e-registration allows designated regulatory services to be completed online as part of efforts to improve efficiency, strengthen oversight and modernise Nigeria's capital market. The Commission disclosed this in a statement on Wednesday, saying the electronic registration …
Nigeria needs to maintain policy consistency and strengthen operational resilience as the country seeks to regain Frontier Market status following its placement on the S&P Dow Jones Indices (S&P DJI) 2027 Watchlist. The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, said this in a strategy and position paper titled 'Nigeria's Path to Index …
Emerald HoldCo B.V. has moved to consolidate its ownership of Beta Glass Plc by launching a mandatory takeover offer to acquire up to 11.74 million ordinary shares at ₦590.94 per share after securing an indirect controlling stake in the glass manufacturer. Beta Glass disclosed the development in a notice to the Nigerian Exchange Limited (NGX) …
The Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven fintech and digital asset firms under its Accelerated Regulatory Incubation Programme (ARIP). The admission allows the firms to operate within the SEC regulatory sandbox as the Commission steps up efforts to support innovation while protecting investors. The approval, announced in a public notice …
The Federal Government has unveiled a set of financing and procurement reforms aimed at breaking long-standing barriers limiting the growth of women-owned businesses in Nigeria, particularly access to credit, markets, and long-term capital. Speaking at the grand finale of the “Give to Gain” Summit in Abuja to mark the 2026 International Women’s Month, the Minister …
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, …
The Securities and Exchange Commission (SEC) has approved a new cycle to be allowed for settlement of capital market transactions in two days (T+2). Chief Executive Officer (CEO) of the Central Securities Clearing System (CSCS), Haruna Jalo-Waziri, said on Wednesday, September 3. He noted that following the SEC approval, the Nigerian capital market will migrate …
