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Securities and Exchange Commission (SEC) of Nigeria

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Situations

[ACTIVE] [BUSINESS] [NG]

First HoldCo profit surge and Otedola stake climbs to 26%

3 clusters · 18 sources · last updated

Latest: Femi Otedola lifts First HoldCo stake to 25.9% after N222 bn share purchase

Mid‑July 2026 First HoldCo’s share price jumped 38.7% after billionaire investor Femi Otedola lifted his holding to about 20.4 % and the bank posted an 82 % year‑on‑year rise in net profit to ₦526.1 billion. Otedola’s in

[ACTIVE] [BUSINESS] [NG]

Nigeria regulatory registration initiatives

2 clusters · 9 sources · last updated

Latest: Nigeria SEC launches full e‑Registration platform for capital market operators

In late July 2026 Nigeria intensified its push for formal registration of financial service operators. The Corporate Affairs Commission, backed by a Federal High Court ruling, ordered FirstMonie point‑of‑sale agents to r