The Securities and Exchange Commission has issued a warning to investors regarding any supposed public offering by Dangote Petroleum Refinery & Petrochemicals FZE, clarifying that it has not received or approved any application for an initial public offering from the company.

The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA) to enhance cooperation and promote the integration of African capital markets. During the signing ceremony in Abuja, SEC Director-General Dr. Emomotimi Agama emphasized the importance of increased collaboration among African markets.

Chaka, a Nigerian fintech company, has launched Hisa as part of its initiative to create a pan-African investment platform. This move follows Chaka's recognition as Nigeria's first SEC-licensed digital investment platform, aiming to enhance investment opportunities across the continent.

Experts have shared differing views on the effects of new regulatory frameworks implemented by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on the fintech sector in Nigeria. The introduction of these rules has led to a division within the industry regarding their potential impact.

Amazon Web Services (AWS) has chosen three Nigerian social enterprises to participate in its fourth cohort of the Social Entrepreneur Accelerator Programme, out of nine selected from Africa. This selection highlights Africa's significant representation in the global initiative, with other participating countries including Kenya, Ghana, South Africa, Cameroon, and Tanzania. The total cohort consists of 42 organizations.

Nigeria's Federal Government is preparing to charge a Bureau de Change (BDC) operator who has been sanctioned by the United States for allegedly funding ISIS. This decision follows extensive investigations conducted by the Economic and Financial Crimes Commission (EFCC) and other agencies.