2025-06-08
The Investments and Securities Act, 2025 repeals the 2007 legislation to establish the Securities and Exchange Commission as the apex regulatory authority for the Nigerian capital market. It introduces comprehensive frameworks for the regulation of securities, market infrastructure, collective investment schemes, and systemic risk management. Furthermore, the Act mandates strict corporate governance, transparency, and reporting standards for public companies and capital market operators to ensure investor protection and efficient market operations.
[Full text contents from pages 1-196 omitted for brevity; this document serves as the legal framework for the Nigerian capital market, establishing the Securities and Exchange Commission as the apex regulator and outlining regulations for securities, market participants, and systemic risk.]