Skip to main content
MarketsBreaking

BREAKING: SEC proposes N3 billion minimum capital for forex brokers, N5 billion for trading platforms

The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market. The post BREAKING: SEC proposes N3 billion…

NairametricsBy Kelechi Mgboji
Share

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Nairametrics.

Read at Nairametrics

Original headline: “BREAKING: SEC proposes N3 billion minimum capital for forex brokers, N5 billion for trading platforms

  • Breaking News
  • Legal & Regulations
  • Markets
  • Sectors