41 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

61 h. ago SEC’s N2bn crypto capital rule splits industry as operators weigh stability against survival

Nigeria’s Securities and Exchange Commission (SEC) has drawn a sharp line in the country’s fast-growing crypto market, introducing a N2 read more SEC’s N2bn crypto capital rule splits industry as operators weigh stability against survival

Events

62 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

64 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 Exchange Commission, Police Partner To Tackle Illegal Scheme Operators, Crypto Fraudsters

The Securities and Exchange Commission (SEC) and the Nigeria Police Force have forged an alliance against illegal scheme operators, investment frauds, and cryptocurrency frauds in a bid to protect the hard-earned savings and the financial dreams of the Nigerian people. The director-general of the SEC, Dr Emomotimi Agama, stated this during a meeting with the […]

Events

4 d. ago RMB acts as lead issuing house for Presco’s N236 billion capital raise

Rand Merchant Bank (RMB) Nigeria Limited has completed its role as lead issuing house on Presco Plc’s N236 billion rights read more RMB acts as lead issuing house for Presco’s N236 billion capital raise

Politics

6 d. ago FG Commissions ₦40bn CCTV Control Centre For Third Mainland Bridge

The CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts, and strengthen security, according to Minister of Works David Umahi. The post FG Commissions ₦40bn CCTV Control Centre For Third Mainland Bridge appeared first on Channels Television.

Politics

9 d. ago 20 Firms Exit National Grid, Get Licences For Independent Power Generation

The Nigerian Electricity Regulatory Commission (NERC) has announced that an additional 20 firms secured captive power generation permits in the third quarter of 2025, enabling them to produce a combined 5.85 megawatts independently and potentially reduce reliance on the faltering national grid. NERC, in its latest quarterly report released this week, stated that these companies […]

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 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 Terror financing: Court denies Bauchi commissioner bail, cites national security

A Federal High Court denies bail to Bauchi’s finance commissioner in a $9.7m terror financing case, citing grave threats to national security. Read More: https://punchng.com/terror-financing-court-denies-bauchi-commissioner-bail-cites-national-security/

Events

1 week ago Anambra CP lauds security agencies, urges greater cooperation

The Anambra Police Commissioner commends security agencies for their dedication and professionalism during the Yuletide security operations across the stat Read More: https://punchng.com/anambra-cp-lauds-security-agencies-urges-greater-cooperation/

Politics

2 w. ago At 45, Tinubu Praises CPSO Shugaba’s Professionalism, Loyalty

President Bola Tinubu has congratulated Police Commissioner Usman Musa Shugaba, his Chief Police Security Officer (CPSO), on his 45th birthday. In a message to Shugaba, President Tinubu wrote: “This milestone offers me the opportunity to acknowledge and appreciate your professionalism, loyalty, and unwavering commitment to duty. Your discipline, vigilance, and dedication to the security of […]

Politics

2 w. ago Capital Market Raises N753bn From Commercial Paper Issuances

Nigeria’s capital market raised over N753 billion through commercial paper issuances between April and October 2025, underscoring strong investor confidence and the resilience of the market. The director-general of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama stated this in an interview . Agama noted that the funds supported short-term financing needs across key […]

Politics

2 w. ago Nigeria’s capital market raised N753bn in seven months, SEC chief says

Nigeria’s capital market raised more than N753 billion between April and October through commercial paper issuances, a sign of growing read more Nigeria’s capital market raised N753bn in seven months, SEC chief says

Politics

3 w. ago Insecurity: Plateau security outfit recruits 1,450 new operatives

Plateau State bolsters its security outfit, Operation Rainbow, by commissioning 1,450 new personnel to address insecurity and safeguard communities. Read More: https://punchng.com/insecurity-plateau-security-outfit-recruits-1450-new-operatives/

Politics

3 w. ago Edo Assembly Orders Recovery of N17.5bn Radisson Blu Funds, Moves To Reclaim Hotel

Lawmakers in the Edo State House of Assembly have given nod to Governor Monday Okpebholo to work with relevant anti-graft agencies to recover N17.5 billion from two Escrow Agents, Meristem Trustees Limited and Emerging Africa Trustees Limited. The N17.5 billion was the balance of the N25 billion former Governor Godwin Obaseki raised from the Capital […]

Politics

3 w. ago Kano govt commissions Neighbourhood Watch Corps to boost security

The administration of Governor Abba Kabir Yusuf in Kano State has followed the example of Lagos State by commissioning the read more Kano govt commissions Neighbourhood Watch Corps to boost security

Politics

3 w. ago Yuletide: Police orders relentless raids, enforces knockouts ban in Nasarawa

Shetima Jauro Mohammed, the Commissioner of Police, Nasarawa State Command on Tuesday directed intensified security operations across the state to read more Yuletide: Police orders relentless raids, enforces knockouts ban in Nasarawa

Politics

3 w. ago Toptier Sports Mgt Hails Olopade As N40 Billion Investment Set To Transform Nigerian Football

Toptier Sports Management has commended the Director General of the National Sports Commission (NSC), Hon. Bukola Olopade, for his pivotal administrative role in securing a groundbreaking N40 billion investment aimed at revolutionising Nigeria’s domestic football leagues. The substantial ten-year investment by Toptier Sports Management into both the Nigeria National League (NNL) and the Nigeria Women […]

Sport