SEC’s Guidelines on Revised Minimum Capital Requirements for Capital Market Operators

The SEC has issued the Guidelines on Revised Minimum Capital for Regulated Entities, setting out the framework for determining qualifying capital, transitional arrangements, and providing a structured pathway for recapitalisation ahead of the 30th June 2027 compliance deadline. Our update highlights the key aspects of the Guidelines, including: • revised capital thresholds for fund and portfolio […]

Insurance Policyholders’ Protection Fund: Key Obligations for Insurers and Reinsurers under the new NAICOM Guidelines

Nigeria’s insurance regulatory framework continues to evolve, with NAICOM introducing new measures aimed at strengthening policyholder protection, improving market stability, and enhancing confidence in the insurance sector. In April 2026, NAICOM issued the Guidelines for the Management and Administration of the Insurance Policyholders’ Protection Fund (“IPPF”) pursuant to the Nigerian Insurance Industry Reform Act, 2025. […]

Fintech Regulatory Update: SEC Minimum Capital Requirements for Virtual Assets Service Providers and Fintech Operators

The Securities and Exchange Commission (SEC) has issued a new circular introducing significant changes to the minimum capital requirements for Virtual Asset Service Providers (VASPs) and Fintech operators in Nigeria. These changes, which took effect on 16th  January 2026, reflect the SEC’s push to strengthen market resilience, enhance investor protection, and align regulation with the […]

UUBO Contributes to 2025 AVCA Legal & Regulatory Bulletin

We are pleased to share that Udo Udoma & Belo-Osagie contributed to the July 2025 edition of the AVCA Legal & Regulatory Bulletin published by the African Private Capital Association (AVCA).  In this edition, our Private Equity team – FolakAVCA Legal & Regulatory Bulletine Elias-Adebowale, Damilola Adedoyin, Aanuoluwapo Odunaike, Solomon Adegboyo, and Ayomide Soretire – […]

NIGERIA OVERVIEW – THE ISA 2025 UNPACKED: WHAT IS CHANGING FOR PRIVATE CAPITAL FUNDS

The new Investments and Securities Act 2025 is here – and it reshapes the game for private capital in Nigeria. For sponsors, managers, investors, and advisers of private capital funds – the rules in Nigeria have changed. The ISA2025 is the most comprehensive overhaul of Nigeria’s statutory framework for private capital in nearly two decades. […]

UPDATED DETAILED ANALYSIS OF ISA 2025 – WHAT IS CHANGING FOR PE AND VC FUNDS

UPDATED DETAILED ANALYSIS OF ISA 2025 – WHAT IS CHANGING FOR PE AND VC FUNDS (1)The new Investments and Securities Act 2025 is here – and it reshapes the game for private capital in Nigeria. For sponsors, managers, investors, and advisers of private capital funds – the rules in Nigeria have changed. The ISA2025 is […]

WHAT THE INVESTMENT AND SECURITIES ACT 2025 MEANS FOR DIGITAL ASSETS IN NIGERIA

On 29 March 2025, the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, signed the Investment and Securities Act 2025 into law. The enactment of the ISA 2025, which repealed the Investment and Securities Act 2007 (as amended), marks a significant milestone in Nigeria’s fintech landscape in relation to digital and virtual […]

UUBO Sponsors Convene Africa 2025 Conference

As part of our ongoing collaboration with the Private Equity Women Investor Network (PEWIN), we are pleased to announce our sponsorship of the Convene Africa 2025 conference, which will take place on Monday, 28 April 2025, in Lagos, Nigeria. Convene Africa, hosted by PEWIN in partnership with 2X Global, serves as the distinguished Pre-Conference Senior […]