Insight· 5 min read
ISA 2025: a reset for Nigeria's capital markets
The Investments and Securities Act 2025 widens the SEC's powers and brings digital assets inside the regulatory perimeter.
Ngozi EzePartner
The Investments and Securities Act 2025 replaces the 2007 Act and updates the framework for issuers, intermediaries and investors.
Key changes include express regulation of digital assets and virtual asset service providers, a stronger enforcement toolkit for the SEC, and updated rules on collective investment schemes.
Issuers and market operators should review their registration status and continuing obligations now.
This publication is for general information only and is not legal advice. Please contact us for advice on your specific circumstances.