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Olumuyiwa Olowogboyega Share this article On Thursday the 8th of April, the Securities and Exchange Commission (SEC) of Nigeria issued a directive on the “proliferation of unregistered online investment and trading platforms” in the country. The statement said that foreign securities should not be sold to Nigerian investors by these platforms.  The new directive comes at a time when investment technology companies like Bamboo, Trove and Chaka have become popular with Nigerian investors. These companies offer the opportunity to buy the shares of publicly-traded companies in the U.S. One of the reasons their popularity has soared is because of the bull run American tech shares have enjoyed in the last year. Tesla shares, for instance, gained 774% in 2020 alone and Jumia’s shares jumped from $3 per share in 2020 to $60 per share in February 2021. 

United statesExchange commissionCiti investments capital ltdNigerian stock exchangeNigeria stock exchangeNigerian stockSecurities actCiti investmentsCapital market operatorsஒன்றுபட்டது மாநிலங்களில்பரிமாற்றம் தரகுசிட்டி முதலீடுகள் மூலதனம் லிமிடெட்நைஜீரியன் ஸ்டாக் பரிமாற்றம்நைஜீரியா ஸ்டாக் பரிமாற்றம்நைஜீரியன் ஸ்டாக்பத்திரங்கள் நாடகம்