What is Crowdfunding Intermediary License?  Crowdfunding is the process of raising funds from the public to finance a project or business (in exchange for the issuance of shares, debentures, or such other investment instrument) through an online platform called crowdfunding portal. In order to set up and operate a crowdfunding portal in Nigeria, a crowdfunding intermediary license must be obtained from the Securities and Exchange Commission (“SEC”). The SEC has directed that all crowdfunding platforms in Nigeria must register and obtain license by 30th June 2021 or cease operation. What is the First Step in Setting up a Crowdfunding … Continue reading REQUIREMENTS AND COSTS FOR OBTAINING CROWDFUNDING INTERMEDIARY LICENSE IN NIGERIA