Tag: #Regulatorycompliance

CHANGES IN NIGERIAN LAW ON DIRECTORSHIP & CHAIRMANSHIP OF CAPITAL MARKET OPERATORS AND PUBLIC COMPANIES

1. SEC Discontinues Rotation of Directors within Group of Companies The Securities and Exchange Commission (“SEC” or “Commission”) is empowered by Section 355(1)(r)(iv) of the Investments and Securities Act (ISA) 2025 to prescribe corporate governance standards for regulated entities. The section provides as follows: 355 …

HOW TO PROCESS NSITF, ITF AND BPP COMPLIANCE CERTIFICATES

Regulatory compliance is an integral part of business operations. Every Nigerian company must prioritize compliance and maintain ethical standards in all business operations to avoid legal troubles. Nigerian law provides for mandatory registrations and filing of periodic returns with certain regulatory agencies. The mandatory regulatory …