Nigeria SEC Orders Major Capital Increase for Securities Firms
Nigeria's SEC has sharply raised capital requirements for all securities firms. The new rules take effect today with a compliance deadline of June 30, 2027.
Insights:
Nigeria's Securities and Exchange Commission announced a comprehensive overhaul of capital requirements across the securities industry on January 16, 2026. This measure takes immediate effect and represents the strongest regulatory push yet by the regulator for financial-sector recapitalization in Nigeria 
NG. Under the new framework, the commission is significantly raising thresholds for a wide array of market participants, including brokers, underwriters, and digital-asset platforms, in an effort to strengthen market resilience, protect investors, and bring digital-asset platforms under regulatory oversight.
NG. Under the new framework, the commission is significantly raising thresholds for a wide array of market participants, including brokers, underwriters, and digital-asset platforms, in an effort to strengthen market resilience, protect investors, and bring digital-asset platforms under regulatory oversight.
