Regulatory Alerts2026-04-16
Successful ₦4.65 Trillion Banking Recapitalisation: A Test of Resilient Nigerian Capital Market
The Nigerian capital market successfully mobilized ₦4.65 trillion in fresh equity capital over a 24-month period, enabling 33 banks to meet new, elevated minimum capital requirements. This landmark, market-mediated exercise facilitated the entry of hundreds of thousands of new retail investors via digital platforms, resulting in record-breaking market indices and historical equity gains. The Securities and Exchange Commission is now leveraging this institutional momentum and the updated Investments and Securities Act 2025 to drive further reforms, including insurance sector recapitalization and the deepening of fixed income and derivatives markets.
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