- SEC lifts capital thresholds for brokers, dealers and fund managers
- Smaller operators warn of exits and licence sales
ABUJA, NIGERIA – Nigeria’s Securities and Exchange Commission has sharply raised minimum capital requirements for capital market operators, marking the first comprehensive review of thresholds in nearly a decade.
The new requirements, announced in a circular to market operators over the weekend, will take effect from June 30, 2027, the regulator said. The revision is the first since 2015 and comes as authorities seek to strengthen oversight of Africa’s largest economy’s capital markets.
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