30 results
- 16 Mar 2026
Crypto Transactions Hit $96Bn in Nigeria -SEC
Securities and Exchange Commission (SEC) yesterday said that Nigeria’s digital finance ecosystem recorded about $96bn in cryptocurrency and other virtual asset transactions. Emomotimi Agama,…
- 5 Mar 2021
AfDB Group Provides $400,000 Grant for Securities and Exchange Commission of Nigeria
The African Development Bank Group yesterday signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market…
- 9 Dec 2025
SEC Urges IST to Freeze all CBEX Bank Accounts in Nigeria
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of all bank accounts belonging to Crypto Bridge Exchange (CBEX) and other…
- 13 Apr 2025
SEC Bans Unregistered Digital Asset Exchanges, Online Forex Platforms
Securities and Exchange Commission (SEC) has banned digital asset exchanges or online foreign exchange trading platforms without formal registration. It highlighted that the newly enacted Investments…
- 28 Jun 2020
SEC Disclaims iBSmartify Nigeria, Warns Investors
Securities and Exchange Commission (SEC), has disclaimed the activities of iBSmartify Nigeria, and warned Nigerians to desist from patronizing the firm or any of its products. SEC said that the…
- 1 Aug 2021
SEC Inaugurate Securities Issuers Forum
Securities and Exchange Commission (SEC) in collaboration with the Nigeria Employers’ Consultative Association (NECA) is set to inaugurate the Securities Issuers Forum (SIF) via webinar. This was…
- 29 Dec 2023
SEC says Nigeria’s Potential for Islamic Finance Jurisdiction Outstanding
The Securities and Exchange Commission (SEC) has said Nigeria has the potential to join the leading global Islamic finance jurisdictions. Mr. Lamido Yuguda, Director General, SEC, said this when the…
- 14 Mar 2016
History as SEC Positions Nigeria for $2Trn Global Sukuk Market
Securities and Exchange Commission (SEC) has initiated moves to position Nigeria for a big role in the emerging global market for Islamic or non- interest finance valued at over $2 trillion,…
- 15 Nov 2023
SEC Suspends Nigeria’s Tingo Group Shares over Fraud Allegations
United States Securities and Exchange Commission (SEC) has suspended trading in the securities of Tingo Group- Nigerian agri-fintech, amid allegations of fraud, particularly concerns about the…
- 14 Aug 2022
SEC Approves New Window for Fixed Income Securities
The Securities and Exchange Commission (SEC) has approved the Nigerian Exchange Limited (NGX)’s guidelines on Trade Execution via the exchange’s On-Manual Negotiated Deal Window for fixed income (FI)…
- 24 Apr 2018
Regulator, Market Operators Mull e-IPOs
A committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Central Securities and Clearing System(CSCS), and six other organisations have been set up to…
- 11 Jun 2025
SEC Insists CBEX Ponzi Remains Banned in Nigeria
The Securities and Exchange Commission (SEC) has warned investors that Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd, also known as Smart…
- 24 Jul 2022
SEC Seeks Harmonized Exchange Rate to Attract Foreign Portfolio Investment
The Securities and Exchange Commission, SEC has advocated for a unified foreign exchange rate in order to attract Foreign Portfolio Investment, FPI into the country. The Commission said that the…
- 21 Mar 2024
SEC Rejects PZ Cussons Nigeria’s Buy-Out, Delisting Plans
Securities and Exchange Commission (SEC) has declined the request of PZ Cussons Holdings, the major shareholders of PZ Cussons Nigeria Plc, to buy out other shareholders. In a notice to the investing…
- 4 Sept 2024
SiBAN Commends SEC for Granting Approval to Digital Asset Exchange Operators
The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) commends the Securities and Exchange Commission (SEC) of Nigeria for its recent granting of “Approval-in-Principle” to two…
- 18 Nov 2022
SEC Charges LCFE, Other Commodities Exchanges on Investor Protection
The Securities and Exchange Commission (SEC) has urged Lagos Futures and Commodities Exchange (LCFE) and other commodities exchanges in the country to have investor protection at the centre of their…
- 18 Feb 2025
SEC to Tax Cryptocurrency Transactions in Nigeria with New Rules
The Securities and Exchange Commission (SEC), is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue, according to a Feb. 18…
- 16 Aug 2022
SEC Reiterates Commitment to Investor Protection
Securities and Exchange Commission (SEC) has restated that the protection of investors in the capital market is a top priority to it. Mr. Dayo Obisan, executive commission Operations of the SEC,…
- 16 May 2022
SEC Affirms All Digital Assets as Securities in New Rulebook
Securities and Exchange Commission (SEC) has released a set of new regulations guiding the issuance, exchange and custody of digital assets in Nigeria. The regulations, among others, provide that…
- 9 Sept 2024
SEC Gives Reasons for Approving Digital Exchanges
The Securities and Exchange Commission (SEC) has clarified that its recent decision to grant approval-in-principle to two cryptocurrency exchanges, Busha Digital Limited and Quidax Technologies…
- 27 Aug 2024
SEC Issues First License to Quidax, Local Crypto Exchange
Securities and Exchange Commission (SEC) has issued Quidax, an Africa-based crypto exchange, its first provisional operating license. The development signals the beginning of formal recognition and…
- 20 Jan 2017
EFCC, SEC Join Hands to Fight MMM, Others
Economic and Financial Crimes Commission (EFCC), and the Securities and Exchange Commission, (SEC), on Thursday in Abuja vowed to clamp down on fraudulent operators in the Nigerian capital market.…
- 2 Dec 2024
SEC Flags Marino FX as Illegal Crypto Exchange
The Securities and Exchange Commission (SEC) has issued a public notice disowning Marino FX Limited, a company claiming to be a SEC-licensed cryptocurrency exchange. According to the regulatory body,…
- 13 Aug 2021
Nigeria’s Unclaimed Dividends Hit N170Bn- SEC
Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020. Mr Lamido Yuguda, director-general,…
- 23 Mar 2019
MTN Yet to File Application for Listing on NSE- SEC
Securities and Exchange Commission (SEC), apex capital market regulator, has said that MTN Nigeria has not filed any application that could kick-start regulatory consideration of the proposed listing…
- 10 Jun 2024
SEC Approves Nigeria's First Naira-Denominated Private Debt Fund
Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria's first Naira-denominated Private Debt Fund. From left: Debt Fund Portfolio Manager, FCMB Asset…
- 14 Sept 2020
SEC Finally Issues Guidelines for Cryptocurrency Operations in Nigeria
Securities and Exchange Commission (SEC) has considered cryptocurrencies as digital assets and will, therefore, make it acceptable and put it under its strict regulations. In a document released on…
- E-Financial11 Sept 2026
Yellow Card Financial Gets SEC’s ARIP Recognition
Yellow Card Financial Nigeria Limited, a global stablecoin infrastructure provider, has been admitted by Nigeria’s Securities and Exchange Commission (SEC), into the commission’s Accelerated Regulatory Incubation Programme (ARIP) on a conditional approval-in-principle basis, marking a significant milestone in the company’s continued regulatory progress in one of its founding markets.
- 27 Oct 2025
SEC Says FATF Delisting will Boost Investor Confidence in Nigeria
Emomotimi Agama, Director General, Securities and Exchange Commission (SEC) has applauded Nigeria’s removal from the Financial Action Task Force (FATF) grey list, describing it as a clear reflection…
- 30 Jun 2024
Nigeria's Cryptocurrency Market Worth over $400m - SEC
Emomotimi Agama, director-general of the Security and Exchange Commission (SEC), has said that Nigeria’s cryptocurrency market is estimated to be worth over $400 million, with a significant portion…