SEC gives market operators six weeks to submit recapitalization plan

Nigeria’s Securities and Exchange Commission (SEC) has given capital market operators a six-week deadline to submit board-approved recapitalization or license downgrade plans, reinforcing its sweeping reform of the industry. The directive was disclosed in the revised minimum capital guidelines issued by the Commission on March 18, 2026. The move signals a major shift in regulatory expectations, compelling operators to reassess their […]
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