Nigerian Senate passes bill to overhaul capital market, aiming to attract investors and modernize finance.
The Nigerian Senate has passed a new bill to overhaul its capital market, aiming to establish stronger regulations and align with global standards. The Investments and Securities Bill 2024 seeks to enhance market integrity, introduce oversight for digital currencies and fintech activities, and increase penalties for financial fraud. The bill, if signed into law, is expected to attract more investors, foster economic growth, and modernize Nigeria’s financial sector.
4 months ago
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