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
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