33 m. ago Operators Decry Securities Commission’s New Capital Requirements

Nigeria’s capital market operators have decried the Securities and Exchange Commission’s (SEC) new capital hike, describing it as the “highest in the world” and warning that it risks wiping out brokers. The SEC’s revised requirements substantially raise capital thresholds across operator categories, including stockbrokers, fund managers and digital asset platforms, with compliance due by 30 […]

Politics

44 h. ago Securities Commission Raises Capital Base For Market Operators, Sets June 2027 Deadline For Compliance

The Securities and Exchange Commission (SEC) has overhauled minimum capital requirements for all regulated capital market entities, marking the first major review in 10 years. The revision addresses the need to “strengthen market resilience, enhance investor protection, align capital adequacy with the evolving risk profile of market activities, and ensure that regulated entities possess sufficient […]

Politics

66 h. ago SEC hikes minimum capital for market operators in major reform

Nigeria’s SEC has announced new minimum capital requirements for all market operators, including brokers, fintech, and digital asset firms. Learn more. Read More: https://punchng.com/sec-hikes-minimum-capital-for-market-operators-in-major-reform/

Politics

66 h. ago SEC hikes minimum capital requirements for market operators after a decade

.Gives June 2027 deadline .Tier 2 Issuing Houses require N7bn The Securities and Exchange Commission (SEC) has revised the minimum read more SEC hikes minimum capital requirements for market operators after a decade

Politics

67 h. ago Mergers, acquisition loom as SEC hikes market operators minimum capital after 10yrs

…gives June 2027 deadline  …Tier 2 Issuing Houses require N7bn ….Tier 1 Portfolio Managers require N5bn ….Broker-Dealers N2bn The Securities read more Mergers, acquisition loom as SEC hikes market operators minimum capital after 10yrs

Politics

3 d. ago Recapitalisation: 20 banks hit capital mark ahead of deadline

The CBN reports that 20 banks have met the new capital requirements in the ongoing banking recapitalisation, aiming to boost Nigeria’s economy. Read More: https://punchng.com/recapitalisation-20-banks-hit-capital-mark-ahead-of-deadline/

Events

3 d. ago Tinubu Approves Carbon Market Framework To Generate $3bn By 2030

President Bola Tinubu has approved the full implementation and operationalisation of Nigeria’s carbon market framework, a landmark policy projected to generate at least $3 billion annually by 2030. The approval was disclosed by the Special Assistant to the President on Social Media via his official X handle, @DOlusegun, on Thursday, describing the move as a […]

Politics

4 d. ago Nigeria 2026 outlook: Stability at last, but on a narrow ledge

After years of monetary dominance, multiple budget operations, and currency market fragmentation, Nigeria is starting 2026 from a firmer macro read more Nigeria 2026 outlook: Stability at last, but on a narrow ledge

Politics

6 d. ago Three bank mergers loom ahead of recapitalisation deadline –Report

Three bank mergers are expected in Nigeria ahead of the 2026 recapitalisation deadline, as lenders scramble to meet new CBN capital requirements. Read More: https://punchng.com/three-bank-mergers-loom-ahead-of-recapitalisation-deadline-report/

Politics

9 d. ago UBA Meets Central Bank’s Requirement As Capital Base Surpasses N500bn

United Bank for Africa Plc has met the Central Bank of Nigeria’s N500 billion minimum capital requirement, following the successful completion of the second tranche of its rights issue, thereby strengthening its balance sheet well ahead of the March 2026 recapitalisation deadline. As at the bank’s 2025 half-year audited results, UBA’s share capital and share […]

Politics

9 d. ago Tinubu Hails Nigerian Exchange’s N100trn Capitalisation Milestone

BY JONATHAN NDA- ISAIAH, Abuja and OLUSHOLA BELLO, Lagos President Bola Tinubu has commended Nigerian Exchange Group (NGX Group), corporate Nigeria, market operators, and investors for propelling the Exchange past the historic N100 trillion market capitalisation mark, describing the achievement as a powerful signal of renewed investor confidence and economic rejuvenation. President Tinubu described this […]

Politics

1 week ago Tinubu lauds NGX’s N100trn market cap milestone, urges Nigerians to invest more locally 

President Bola Ahmed Tinubu has commended Nigerian Exchange Group (NGX Group), corporate Nigeria, market operators, and investors for propelling NGX read more Tinubu lauds NGX’s N100trn market cap milestone, urges Nigerians to invest more locally 

Politics

1 week ago Togo, Niger, Benin Owing Nigeria N25bn For Electricity – NERC

Togo, Niger, and Benin owe Nigeria $17.8m, an equivalent of over N25bn at the current exchange rate, for electricity supplied under bilateral arrangements, the Nigerian Electricity Regulatory Commission has said. In its Third Quarter 2025 report, NERC disclosed that the three international customers were invoiced a total of $18.69m by the Market Operator for electricity […] The post Togo, Niger, Benin Owing Nigeria N25bn For Electricity – NERC appeared first on Information Nigeria.

Politics

1 week ago Fidelity Bank completes N500bn capital raise ahead of deadline

Fidelity Bank Plc said it has raised the required minimum share capital for lenders with international authorisation, boosting its capital read more Fidelity Bank completes N500bn capital raise ahead of deadline

Politics

1 week ago TAJBank Surpasses Central Bank’s New Capital Base Ahead Of Deadline

TAJBank Plc has crossed the Central Bank of Nigeria’s new minimum capital requirement for national non-interest banks, positioning it among early movers ahead of the March 2026 enforcement deadline. The bank, in a note to its customers, assured that by surpassing the target, it is now better positioned to drive financial inclusion, support large-scale economic […]

Politics

1 week ago TAJBank Surpasses Central Bank’s N20bn New Capital Base Ahead Of Deadline

TAJBank Plc said it has crossed the Central Bank of Nigeria’s N20 billion new minimum capital requirement for national non-interest banks, positioning it among early movers ahead of the March 2026 enforcement deadline. The recapitalisation, which affects all categories of banks, requires national non-interest banks to raise their minimum capital base to N20 billion by […]

Politics

1 week ago FirstBank attains N500bn capital base ahead of CBN deadline 

First Bank of Nigeria has met the CBN’s N500bn minimum capital requirement ahead of the deadline, strengthening its financial resilience and growth outlook Read More: https://punchng.com/firstbank-attains-n500bn-capital-base-ahead-of-cbn-deadline/

Politics

1 week ago First Holding Company Confirms FirstBank’s New N500bn Capital Base

…As Standard Chartered, RMB Join List of Recapitalised Banks First HoldCo Plc has confirmed that its commercial banking subsidiary, First Bank of Nigeria Limited (FirstBank), has met the Central Bank of Nigeria’s (CBN) minimum regulatory capital requirement of N500 billion. This comes  as  Standard Chartered Bank Nigeria Limited and Rand Merchant Bank Nigeria Limited (RMBN)  […]

Politics

1 week ago 19 Banks Meet New Capital Requirements Ahead Of March 31 Deadline

With less than 90 days to the recapitalisation deadline for banks in the country, 19 banks have now met the new capital requirements  ahead of the March 31, 2026 deadline given by the Central Bank of Nigeria (CBN), as First Bank Nigeria, Fidelity Bank and FSDH Merchant Bank join the league of recapitalised banks. This […]

Politics

2 w. ago No Insurance Firm Has Met New Capital Base, Says Regulatory Commission

The National Insurance Commission (NAICOM) has stated that no insurance company operating in Nigeria has, to date, been legally confirmed to have met the new minimum capital requirements introduced under the ongoing recapitalisation exercise. The National Commissioner for Insurance, Olusemu Ayo, disclosed this on Tuesday in Abuja during a media engagement, stressing that claims by […]

Politics