SEC Approves NGX’s Investment Platform
The Securities and Exchange Commission (SEC) has granted approval to the Nigerian Exchange Group (NGX) for its new digital investment platform, ‘NGX Invest’. This innovative platform is set to streamline public offerings and rights issues, significantly enhancing the efficiency and accessibility of primary market transactions in the Nigerian capital market. According to a press statement […]
Read MoreStakeholders Urge SEC To Develop Comprehensive Crypto Rule
Stakeholders across various sectors have called on the Securities and Exchange Commission (SEC) to develop a comprehensive regulatory framework for crypto assets in Nigeria. This appeal was made during the recent first annual conference of the Association of Capital Market Academics of Nigeria (ACMAN), where experts from academia, legislature, capital markets, banking, and ancillary sectors […]
Read MoreWay Out For MSMEs In The Face Of Competition For Capital
Micro, Small, and Medium-sized Enterprises (MSMEs) in Nigeria often struggle to secure the necessary capital for growth and expansion. However, recent developments by the Securities and Exchange Commission of Nigeria (SEC) have made it easier for the enterprises to raise capital. Here is an in-depth look at how MSMEs can navigate the competitive landscape in […]
Read MoreSEC Authorises N351bn Rights Issue For Access Holdings Plc
The Securities and Exchange Commission (SEC) has given the green light to Access Holdings Plc’s N351 billion rights issue, a substantial capital raising initiative aimed at bolstering the company’s financial position. In a recent statement released in Lagos, Access Holdings announced this significant milestone, highlighting that the capital raised, up to $1.5 billion, will support […]
Read MoreImportance Of MSMEs Sourcing Capital From Regulated Platforms
Micro, Small, and Medium Enterprises (MSMEs) in Nigeria face numerous challenges in accessing adequate capital for growth and expansion. Meanwhile, leveraging regulated platforms for capital offers a myriad of advantages that can propel the enterprises towards sustainable development. Below, is a scenario that captures the importance of MSMEs sourcing funds from regulated platforms. Access to […]
Read MoreSEC Registers Three Crowdfunding Platforms
In a significant move aimed at bolstering the financing landscape for small businesses in Nigeria, the Securities and Exchange Commission (SEC) has registered three new crowdfunding platforms, with an additional three applications currently under review. This announcement was made by Mr. Emomotimi Agama, the Director-General (DG) of SEC, during a recent stakeholder’s dialogue on the […]
Read MoreThe Place Of Investor Protection In The Growth Of The Nigerian Stock Market
By Enam Obiosio The Nigerian stock market, represented by the Nigerian Stock Exchange (NSE), plays a pivotal role in the economic development of Nigeria. It provides a platform for companies to raise capital and for investors to realise returns on their investments. Investor protection is crucial to building trust and confidence in the market, thereby […]
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