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SEC Nigeria New Approved Rules April 2025: A New Era for Nigeria’s Capital Markets

By Enobong Shittu

Overview

On April 24, 2025, Nigeria’s Securities and Exchange Commission (SEC) introduced transformative rules that open a regulated path for private companies to issue debt securities such as bonds, debentures, and sukuk. This move, enabled by the Business Facilitation Act 2022, marks a pivotal shift in Nigeria’s capital markets—enhancing access to public capital while reinforcing investor protection. The new framework also imposes stricter compliance standards on corporate bond issuances, SPVs, private equity funds, and collective investment schemes.

Click below to view the full article and discover how the new SEC rules reshape Nigeria’s Capital Market access for private companies.

Authors

Enobong Shittu
Enobong Shittu Olajide Oyewole LLPNigeria