Regulatory Alerts2017-11-29
Sec Approved Rules Nov 2017 Batch B
The Securities and Exchange Commission (SEC) of Nigeria has released new rules and amendments to existing regulations, focusing on revenue bonds and corporate governance. These changes aim to mitigate investment risks in revenue bonds by outlining credit enhancements and specifying disclosure requirements for issuers. Additionally, amendments address dividend payment procedures, broker suspensions, and takeover regulations, enhancing transparency and investor protection in the Nigerian capital market.