Nigeria: Securities and Exchange Commission adopted Rule on Crowdfunding
Description
Securities and Exchange Commission adopted Rule on Crowdfunding
On 21 January 2021, the Securities and Exchange Commission (SEC) adopted the Rule on Crowdfunding, applicable exclusively to investment-based crowdfunding in Nigeria. The Rule limits fundraising through a Crowdfunding Portal to micro, small and medi…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
central government