The Securities and Exchange Commission has commenced the implementation of a fully electronic registration process for capital market operators, enabling designated regulatory services to be completed entirely online as part of efforts to modernise Nigeria’s capital market and improve regulatory efficiency.
The Commission, in a statement released on Wednesday, said the new electronic registration platform introduced through its ePortal represents another significant step in its digital transformation programme and reinforces its commitment to creating a technology-driven regulatory ecosystem.
According to the SEC, the platform allows Capital Market Operators to complete designated registration processes online, covering application submission, regulatory review, approvals, and communication of decisions, thereby eliminating manual processing for the services included in the current phase.
The regulator noted that the initiative is expected to simplify regulatory interactions, reduce administrative bottlenecks, shorten processing timelines, and provide applicants with greater visibility into the status of their applications.
It added that the
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