ISA 2025: What Investors Need to Know About Nigeria’s New Capital Market Law
INTRODUCTION The Investments and Securities Act 2025 (“ISA 2025” or the “New Act”) was signed into law in March 2025, repealing the Investments and Securities Act of 2007 (“ISA 2007 or the “Old Act”). This new legislation aims to strengthen existing regulations, protect investors, and open up new opportunities. It also codifies many of the […]
How the ISA 2025 Reshapes the Nigerian Virtual Asset Market
Introduction In early 2025, Nigeria’s rapidly growing cryptocurrency sector reached a major turning point. After years of regulatory confusion and a well-known banking ban on crypto transactions, a new law changed everything. President Bola Ahmed Tinubu signed the Investments and Securities Act 2025 (ISA 2025) into law, officially recognizing digital assets and cryptocurrencies as securities. […]
Bureau De Change: Implications, Opportunities, and Challenges of the Proposed 2024 Revised Guidelines.
Introduction The regulation of Bureau de Change Operators (BDCs) remains a topical issue in Nigeria. The Central Bank of Nigeria (CBN) has repeatedly expressed its commitment to addressing the challenges posed by unauthorized operations of some BDCs, which has the potential of undermining the Nigerian financial system. The CBN noted cases of BDC promoters establishing […]
