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SEC
Many Nigerian crypto enthusiasts fear that such regulation will ruin the industry, but they shouldn't be too concerned.
Many players in the industry have expressed their unapologetic displeasure surrounding how the country intends to regulate the asset class.
While the SEC has effectively given this sector a legal status, it will need the central bank to allow banks to facilitate crypto transactions.
Here is a compilation of notable happenings in the Nigeria macro-economic space, markets, regulators as well as other world economies.
Nigeria's SEC issues ruling legitimizing digital assets such as Cryptocurrencies classifying them as securities.
The SEC has proposed some guidelines that will allow capital market operators and investors to digitize all of their processes.
A Ponzi scheme is a fraudulent investment scheme that offers high interest but pays this interest by taking the deposits of new investors to pay the earlier investors.
The SEC has reaffirmed the capital market's ability to fund the government's development objectives.
The net asset value of ETFs dropped from N7.26 billion to N7.13 billion.
The Securities and Exchange Commission (SEC) has voiced concern about the market's high proportion of unclaimed dividends.
The Security and Exchange Commission has urged investors to claim their due dividends in the capital market.
Farmforte Agro-Allied Solutions Limited, the parent company of Agropartnerships Technology Ltd has reacted to its recently sealed office by the SEC.