SEC Raises Minimum Capital Requirements for Market Operators, Fintechs, Others, Sets June 2027 Deadline Broker-dealer from N300m to N2bn Portfolio managers from N150m to N5bn Issuing houses from N200m to N7bn
Kayode Tokede
The Securities and Exchange
Commission (SEC) has announced a comprehensive revision of minimum capital
requirements for all categories of capital market operators, in a move aimed at strengthening
the resilience and long-term stability of Nigeria’s capital market.
Those affected include core and non-core capital market operators, market infrastructure
institutions, capital market consultants, financial technology Continued on page 5
EU Removes Nigeria from High-risk Financial List...
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Saturday January 17, 2026 Vol 30. No 11241
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Tinubu, Sanwo-Olu, Alia, Yilwatda, APC Eulogise Bisi Akande on 87th Birthday...
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PDP Factions Await Court Ruling to Explore Exit Options Group considers ADC Chuks Okocha in Abuja
Factions of the Peoples Democratic Party (PDP) are awaiting the January 23rd court ruling on the party’s legitimate executive before
deciding on its next course of action. The legal dispute over leadership rocking the opposition party has shifted to the Abuja Division of the Court of Appeal.
When the matter was called up on Wednesday, counsel to the Turaki-led faction, Chief Chris Uche, SAN, had informed the trial judge that the appeal had been duly entered.
He further drew the attention of the court to a motion asking it to stay further proceedings pending the determination of the appeal. Consequently, the Kabiru Turaki-led faction, on
Wednesday urged the Federal High Court in Abuja to hands off the matter. In an interview with THISDAY, Senator Samuel Anyanwu who is the factional National Secretary of the party
led by Abdullahi Mohammed, which is loyal to the FCT Minister, Nyesom Wike, said his group would have to wait to January 23 to decide on
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Rivers: Court Halts Impeachment Proceedings Against Fubara, Odu
Restrains CJ from acting on lawmakers’ notice Assembly members adamant, insists on ousting Fubara, deputy, say governor incorrigible Four lawmakers backtrack Process will not succeed, says Fubara’s aide Chuks Okocha in Abuja and Blessing Ibunge in Port Harcourt Amid rising political tension, a Rivers State High Court sitting in Oyigbo yesterday ordered the Chief Judge, Justice Simeon Amadi, the Martins Amaewhule-led House of Assembly, and its clerk to temporarily halt all actions on the impeachment move against Governor Siminalayi Fubara and his Deputy, Prof. Ngozi Odu, pending the determination of the suit before it. This is as the State Assembly insisted on going ahead with the Continued on page 5
NESG MACROECONOMIC OUTLOOK REPORT LAUNCH...
L-R: Vice Chairman II, Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya; Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Sen. John Owan Enoh; Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Chairman, NESG, Mr. Niyi Yusuf, and Deputy Governor for Economic Policy, Central Bank of Nigeria (CBN), Dr. Muhammad Sani Abdullahi, at the launch of the NESG’s Macroeconomic Outlook Report 2026 in Lagos…recently