Investments and Securities Act, 2025
Repeals the Investments and Securities Act No. 29 of 2007 and strengthens the legal framework for the Nigerian capital market and investor protection.
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The Securities and Exchange Commission announced on 29 March 2025 that the President had assented to the Investments and Securities Act (referred to by the SEC as ISA 2024), which repeals the Investments and Securities Act No. 29 of 2007. The SEC said it strengthens investor protection and market integrity and reaffirms the SEC's authority as the apex regulator of the capital market. (Date is when the assent was announced.)
Who this affects
Investors, stockbrokers and capital market operators, and the Securities and Exchange Commission.
What it changes
- 1Repeals the Investments and Securities Act No. 29 of 2007 (NAN).
- 2Prescribes a jail term for Ponzi scheme promoters (Daily Post headline, 29 Mar 2025).
1 section
-.Repeal and scope (paraphrased)
(paraphrased) The Act repeals the Investments and Securities Act No. 29 of 2007; the SEC says it strengthens investor protection and market integrity, and Daily Post reports it prescribes jail terms for Ponzi scheme promoters.
This is a readable rendering for citizens. The authoritative text is the gazetted version — linked below.
Assented
29 March 2025
Date the assent was reported or announced in the cited source.
Official text
The gazetted document
Today in the Assembly
Sittings, motions and divisions, day by day
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