The Director General of the Security and Exchange Commission (SEC) Emomotimi Agama, has said that Nigeria’s cryptocurrency market will hit $52.5 million in 2028.
The Nigerian Security and Exchange Commission (SEC) has said that many Nigerian youths are embracing cryptocurrencies because of the secretive nature of the transactions.
ACMAN says the Securities and Exchange Commission (SEC)’s new rules, which propose limitations on the amount of debt capital that can be raised by private companies, are designed to mitigate reckless risk-taking behaviors.
ACMAN says 0.5% cybersecurity levy ill-timed as it negates efforts to address financial exclusion
The Association of Capital Market Academics of Nigeria (ACMAN) suggests that the Central Bank of Nigeria (CBN) should raise the Monetary Policy Rate (MPR) above the current 18.5% to support the Naira float and attract foreign capital inflows.
ACMAN has said that the economic fundamentals required to support a Naira float are still weak, especially with sources of forex.
