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SEC engaging emerging technologies for regulatory frameworks

The Securities and Exchange Commission (SEC) is actively engaging with emerging technologies and digital innovators to craft regulatory frameworks that support capital market innovation without compromising investor protection, its Director-General, Dr. Emomotimi Agama, has said. Delivering the keynote at the Comercio Partners H2 2025 Outlook event, Dr. Agama said Nigeria, like many countries, stands at…

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Nigeria seeks new dispute resolution mechanism for capital market

The Federal Government has urged the judiciary to develop new approaches to resolving disputes within Nigeria’s capital market, describing the market as more than a simple trading platform but a critical pillar for economic transformation. Vice President Senator Kashim Shettima, represented by Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, made the…

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SEC: CBEX remains banned in Nigeria as promoters seek court bail from EFCC custody

The Securities and Exchange Commission (SEC) has reiterated its ban on the Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd., in Nigeria. This is as the promoters of the platform are seeking for court bail from the custody of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC)….

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SEC warns public against ponzi schemes

The Securities and Exchange Commission (SEC) has warned the public that it is illegal to use unregistered digital investment platforms, as concerns mount over the rising popularity of such platforms. This renewed stance by the Commission follows social media uproar surrounding the operations of CBEX, a digital asset platform currently under scrutiny for allegedly freezing…

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SEC commits to fraud-free 2025 market

The Securities and Exchange Commission (SEC) has reaffirmed its commitment to eliminating Ponzi and pyramid schemes in Nigeria, aiming to create a conducive environment for legitimate investments to flourish this year. In a New Year address to the capital market community, SEC’s Director-General, Dr Emomotimi Agama, outlined the commission’s strategic focus for the year. He…

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