SEC sets N7.5bn capital floor to shield investors in FTZE public offerings

Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is means a free zone enterprise, established in a free trade zone and licensed by a Free Zone Authority. The SEC has set a N7.5 billion minimum capital requirement […] read more SEC sets N7.5bn capital floor to shield investors in FTZE public offerings

SEC sets N7.5bn capital floor to shield investors in FTZE public offerings

Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is means a free zone enterprise, established in a free trade zone and licensed by a Free Zone Authority. The SEC has set a N7.5 billion minimum capital requirement […]

read more SEC sets N7.5bn capital floor to shield investors in FTZE public offerings