Nigeria: Circular Number 26-1 on revised Minimum Capital for regulated capital market entities enters into force
Description
Circular Number 26-1 on revised Minimum Capital for regulated capital market entities enters into force
On 30 June 2027, the revised Minimum Capital Requirements set out in Circular Number 26-1 enter into force for all regulated entities, including Financial technology (FinTech) operators and Virtual Asset Service Providers (VASPs). All entities regul…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government