Browsing: SEC

In a robust effort to regulate the issuance and allocation of securities by private companies, the Securities and Exchange Commission of Nigeria has introduced strict new rules. The SEC has stated that any unauthorized issuance or allocation of securities will result in a significant penalty of at least N10m, with an additional N100,000 fine accruing daily […]

The proposed meeting between stakeholders in the blockchain industry and the Director General of the Securities and Exchange Commission, Emomotimi Agama, has been rescheduled. The virtual meeting earlier scheduled for 10 am on Monday has been moved to 2:30 pm. This was disclosed in an email sent to our correspondent early Monday signed by the […]