Sec Raises Capital Base For Market Operators, Gives 18 Months To Comply

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sec raises capital base for market operators gives 18 months to comply

The Securities and Exchange Commission SEC has announced new minimum capital requirements for operators in Nigerias capital market, raising thresholds for stockbrokers, dealers, fund managers, issuing houses, and digital asset companies.

In a circular released on Friday, the Commission unveiled a revised capital framework to replace the 2015 structure, giving operators until June 30, 2027 to comply.

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