Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Anyanwu’s Reinstatement As National Secretary, A Painful Decision – Damagum

    June 25, 2025

    Multichoice Slashes DStv Decoder Price By 50 Percent

    June 25, 2025

    Ex-Kwara Governor, Cornelius Adebayo Dies At 84

    June 25, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Anyanwu’s Reinstatement As National Secretary, A Painful Decision – Damagum
    • Multichoice Slashes DStv Decoder Price By 50 Percent
    • Ex-Kwara Governor, Cornelius Adebayo Dies At 84
    • ‘Our Country Has Become Lawless’: Obi Bemoans Demolition Of Younger Brother’s Property In Lagos
    • Tinubu to Sanwo-Olu: Prioritise Impactful Projects For Lagosians
    • Osimhen Is Willing To Accept £200,000 Weekly At Man United
    • Thugs Invade SDP Secretariat After National Chairman’s Suspension
    • PDP Leadership In Closed Door Meeting With INEC
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Thursday, June 26
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Tinubu Signs ISA 2024 Into Law, Promises Stronger Investor Protection
    2 Mins ReadApril 1, 2025

    Tinubu Signs ISA 2024 Into Law, Promises Stronger Investor Protection

    By Samuel AkpenpuunApril 1, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    President Bola  Tinubu has approved the amended Investment and Securities Act (ISA) 2024.

    The Securities and Exchange Commission (SEC), which disclosed this, said the legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection, and introduces critical reforms to promote market integrity, transparency, and sustainable growth.

    “The new Act also introduces transformative provisions to further align Nigeria’s market operations with international best practice”.

    The Act enhances the regulatory powers of the SEC in a manner comparable with benchmark global securities regulators. These enhanced powers and functions ensure full conformity with the requirements of IOSCO’s Enhanced Multilateral Memorandum of Understanding (EMMoU), enabling the SEC to retain its ‘Signatory A” status and enhancing the overall attractiveness of the Nigerian capital market”.

    READ ALSO: Immigration: Tinubu Extends Tenure Of NIS CG, Nandap

    Other notable provisions of the ISA 2024 include: Classification of Exchanges and inclusion of provisions on Financial Market Infrastructures. The Act classifies Securities Exchanges into Composite and Non-composite Exchanges. A Composite Exchange is one in which all categories of securities and products can be listed and traded. At the same time, a Non-composite Exchange focuses on a singular type of security or product. There are also new provisions on Financial Market Infrastructures such as Central Counter Parties, Clearing Houses and Trade Depositories.

    Commenting on this milestone, the Director-General of the SEC, Dr. Emomotimi Agama, lauded the President’s assent as a transformative step for the capital market and stated: “The ISA 2024 reflects our commitment to building a dynamic, inclusive, and resilient capital market. By addressing regulatory gaps and introducing forward-looking provisions, the new Act empowers the SEC to foster innovation, protect investors more efficiently and reposition Nigeria as a competitive destination for local and foreign investments”.

    Author

    • Samuel Akpenpuun
      Samuel Akpenpuun

      View all posts
    Asiwaju Bola Tinubu
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Samuel Akpenpuun

    Related Posts

    Featured

    Anyanwu’s Reinstatement As National Secretary, A Painful Decision – Damagum

    June 25, 2025
    Breaking News

    Multichoice Slashes DStv Decoder Price By 50 Percent

    June 25, 2025
    Breaking News

    Ex-Kwara Governor, Cornelius Adebayo Dies At 84

    June 25, 2025
    Breaking News

    ‘Our Country Has Become Lawless’: Obi Bemoans Demolition Of Younger Brother’s Property In Lagos

    June 25, 2025
    Breaking News

    Tinubu to Sanwo-Olu: Prioritise Impactful Projects For Lagosians

    June 25, 2025
    Featured

    Osimhen Is Willing To Accept £200,000 Weekly At Man United

    June 24, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Anyanwu’s Reinstatement As National Secretary, A Painful Decision – Damagum

    June 25, 2025

    Multichoice Slashes DStv Decoder Price By 50 Percent

    June 25, 2025

    Ex-Kwara Governor, Cornelius Adebayo Dies At 84

    June 25, 2025

    ‘Our Country Has Become Lawless’: Obi Bemoans Demolition Of Younger Brother’s Property In Lagos

    June 25, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.