As Nigeria’s banking sector adapts to new regulatory changes, including the Central Bank of Nigeria’s (CBN) recapitalisation mandate, the equities market has experienced a significant increase in activity. With this rise, the distinction between legitimate director dealings and potential market abuses, such as insider trading, becomes more crucial than ever.
In this edition of the Finance and Capital Markets Practice Newsletter, we explore the fine line between Insider Trading and Director Dealings and examine how market integrity is threatened when individuals exploit non-public, price-sensitive information. We also explore the impact this has on investor confidence, market fairness, and the importance of market manipulation regulations.
Whether you’re a professional navigating the intricacies of the Investment and Securities Act (ISA), Nigerian Exchange (NGX) Rulebook, or just interested in understanding the nuances of market abuse and insider trading, this edition provides essential insights into capital markets and the regulatory framework designed to uphold market integrity.
