By Peter Egwuatu
THE Securities and Exchange Commission (SEC) has granted fresh approvals to three companies within the BGL Group, authorising them to resume operations across key segments of the Nigerian capital market.
The approvals, contained in separate letters issued by the Commission, covering BGL Securities Limited, BGL Capital Limited and BGL Asset Management Limited, allowing the firms to operate respectively as Broker/Dealer, Issuing House, and Fund/Portfolio Manager.
The development signals the companies’ return to active participation in Nigeria’s capital market following the completion of regulatory registration processes and compliance requirements stipulated by the Commission.
In a letter signed by Mrs. Hafsat O. Rufai, Director, Registration, Exchanges and Market Infrastructure Department, SEC approved the registration of BGL Securities Limited as a Broker/Dealer, with effect from April 17, 2025.
