Nigeria’s Strategic Leap: The Legal and Operational Imperatives of the T+2 Settlement Cycle
Introduction According to the International Organisation of Securities Commissions (IOSCO), securities settlement systems are a critical component of the infrastructure of global financial markets. In recent years, trading and settlement volumes have soared, as securities markets have become an increasingly important channel for intermediating flow of funds between borrowers and lenders and as investors have […]
Navigating the New Frontier: Risk, Oversight, and Cooperation Under Nigeria’s Investments and Securities Act 2025
Introduction Nigeria’s capital market has arrived at a new regulatory era defined by intelligence-driven supervision, systemic risk awareness, and deeper collaboration between the Securities and Exchange Commission (SEC) and the entities it oversees. The Investments and Securities Act 2025 (ISA 2025) has reshaped the investments and securities governance framework by making risk avoidance central to […]
Tightening The Noose: Stricter Compliance Requirements Under the ISA 2025
Introduction The enactment of the Investment and Securities Act (ISA), 2025 marks a significant shift in Nigeria’s capital market regulatory framework. While a substantial proportion of its provisions were retained from the ISA 2007, the 2025 Act introduces stricter compliance thresholds, heavier sanctions, and expanded supervisory functions for the Securities and Exchange Commission (SEC). The […]
Beyond the Grey: How Nigeria’s FATF Delisting Redefines Capital Market Integrity and Fuels the Fight for Naira Stability
Introduction The official removal of Nigeria from the Financial Action Task Force (FATF) grey list in October 2025 followed major legislative and operational reforms, notably the Money Laundering (Prevention and Prohibition) Act, 2022 (MLPA), and the Terrorism (Prevention and Prohibition) Act, 2022 (TPPA); as well as the activation of the Beneficial Ownership Register (BoR)¹. This […]
Investment and Securities Act, 2025: Addressing Some Gaps Around Virtual Assets and Digital Assets
Introduction The Investments and Securities Act, 2025 (ISA 2025/ ‘Act’) is not just a legislative upgrade, it is a re-engineering of Nigeria’s capital market framework to align it with the current local and global market practices, trends, and demands. One of the significant provisions of the Act is its expansion of instruments considered as ‘securities’ […]
Securely Navigating Online Securities Trading Platforms: Retail Traders’ Protection
Introduction To the uninformed, the stock market and its operations have always been shrouded in mystery; giving the aura of an enclosed world for the wealthy elite, remote from the participation of an average person. But things are rapidly changing. Online securities trading platforms are democratizing access to the stock market, making it possible for […]
My Articles By Ugochukwu Obi
List of Articles
Salient Provisions of the Nigeria Data Protection Act General Application and Implementation Directive, 2025
Introduction On March 20, 2025, the Nigeria Data Protection Commission (the “Commission”) issued the Nigeria Data protection Act General Application and Implementation Directive (the “GAID”). The GAID seeks to provide certainty in legal obligations, particularly when the rights and freedoms of natural persons may be at risk, in the absence of such certainties. It also […]
Photography: Understanding the Interplay Between the Right to Own and the Right to Privacy in Nigeria
Introduction Photography is a powerful tool for storytelling, artistic expression, and documentation. In an era of digital media and pervasive surveillance, a significant legal and ethical dilemma arises: where does the photographer’s right to capture and own an image end, and where does an individual’s right to privacy begin? In Nigeria, this issue is particularly […]
PRESIDENT TINUBU SIGNS NIGERIA’S NEW TAX ERA INTO LAW: WHAT IT MEANS FOR BUSINESS, JOBS, AND INVESTMENT
