Regulatory Alerts2026-03-18
Guidelines On Revised Minimum Capital For Regulated Entities The objectives of these Guidelines are to: a. Promote investor protection by ensuring that CMOs maintain adequate financial resources to absorb operational and market-related losses; b. Enhance the resilience, integrity, and stability of the Nigerian capital market; c. Establish a risk-sensitive and proportionate capital framework aligned with the nature, scale, and complexity of regulated activities; d. Support effective supervision and early regulatory intervention through clear capital adequacy standards; and e. Reinforce domestic and international confidence in the prudential soundness of the Nigerian capital market, consistent with IOSCO principles.
The Securities and Exchange Commission Nigeria has issued revised minimum capital requirements for all regulated capital market operators, effective from March 18, 2026. Existing entities are mandated to achieve compliance with these new capital thresholds by June 30, 2027, and must submit board-approved capitalization plans to the Commission by April 30, 2026. Failure to meet these obligations will subject operators to regulatory sanctions, including potential loss of license or forced reduction of registered activities.
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