The Securities and Exchange Commission (“the Commission”) is pleased to inform the public, and in particular all Capital Market Operators (CMOs), that as part of its ongoing digital transformation initiatives to enhance regulatory efficiency, transparency, and service delivery, it will commence full Electronic Registration (e-Registration) through the Commission’s ePortal in respect of th
To: All Registrars, Brokers/Dealers, Fund Managers and Other Relevant Capital Market Operators
The Securities and Exchange Commission (SEC) hereby reminds all relevant Capital Market Operators of their obligation to submit Q2 2026 Ownership Structure and Capital Flows Returns in support of the compilation of Nigeria's Balance of Payments (BOP) and International Investment Position (IIP) statistics.<
The Securities and Exchange Commission (“the Commission” or “SEC”) has cleared 2 additional VASP’s for admission into its Accelerated Regulatory Incubation Programme (ARIP), reinforcing its commitment to fostering responsible innovation that deepens Nigeria’s capital market while safeguarding investor interests. The newly admitted entities are:
- GIGX Technologies
- KuCoin
All comments should be forwarded to the Secretariat, Rules Committee via rulescommittee@sec.gov.ng or through the DG SEC not later than two weeks from the date of exposure.
The Securities and Exchange Commission (“the Commission” or “SEC”) has cleared seven (7) new entities for admission into its Accelerated Regulatory Incubation Programme (ARIP), reinforcing its commitment to fostering responsible innovation that deepens Nigeria’s capital market while safeguarding investor interests. The newly admitted entities are:
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The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the various advertisements, flyers, digital banners, and targeted electronic mail being circulated on social media platforms and digital investment channels concerning a purported securities offering by Dangote Petroleum Refinery & Petrochemicals FZE (“the Refinery”).
Further to the recent circular on Q2 2026 Pre-Registration Training and Examination (the circular), the Securities and Exchange Commission (the Commission) hereby informs all eligible applicants for the Q2 2026 Pre-Registration Training and Examination that the commencement da
The Securities and Exchange Commission (the Commission) hereby notifies all applicants for registration as Capital Market Operators that the next cycle of the pre-registration training and examination is scheduled to commence on Monday, June 8, 2026.
Eligible applicants are as follows:
i. Applicants who were invited but did not attend the pre-registration training
Further to the successful implementation of the T+2 settlement cycle on November 28, 2025, and in furtherance of its mandate to promote an efficient, fair, and transparent capital market, the Securities and Exchange Commission (“the Commission”) hereby announces the transition to a T+1 settlement cycle for equities and commodities transactions cleared and settled by the Central Securities Clearing System (CSCS), with effect from Monda
The Securities and Exchange Commission (SEC) is empowered under Section 3(3)(m) and (n) of the Investments and Securities Act, (ISA) 2025, to register and regulate entities operating within the commodities trading ecosystem. To give effect to these provisions, the Commission has made Rules on Commodity Exchanges and Trading Platforms; Warehouse Receipt Systems; Collateral Management and Warehousing Operations which can be acces
The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the increasing promotion of unregistered online investment schemes on social media applications and websites, including WhatsApp, Instagram, Telegram, Facebook, TikTok and other digital platforms.
Many of these investment schemes exhibit characteristics of Ponzi or Prohibited investment schemes, while some
The Securities and Exchange Commission (the Commission) hereby notifies all applicants for registration as Capital Market Operators that the next cycle of the pre-registration training and examination is scheduled to commence on Monday, March 2, 2026. Eligible applicants are as follows:
i. Applicants who were invited but did not attend the pre-registration training conducted in November, 2025
The attention of the Securities and Exchange Commission ("The Commission") has been drawn to the activities of AURUM BOT, which presents itself as an investment platform dealing with cryptocurrency in Nigeria.
The Commission hereby informs the public that AURUM BOT is NOT REGISTERED OR LICENCED by the Commission to either solicit investments from the public or operate in any capacity w
The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the activities of an online investment platform known as ModMount Services Limited, which holds itself out as a financial services provider and Contract for Difference (CFD) broker offering investment opportunities in forex, stocks, indices, commodities, and cryptocurrencies.
Investigations by the Commissio
1. INTRODUCTION
The Securities and Exchange Commission (“the Commission”), pursuant to its statutory mandate under the Investments and Securities Act, 2025, to regulate and develop the Nigerian capital market, hereby issues this Circular on the revision of Minimum Capital (MC) applicable to all categories of regulated capital market entities.
This review is informed by t