Category: Nigeria


  • Section 111 Investments and Securities Act Section 111 of the Investments and Securities Act 2025 is about Interpretation as to prospectus. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: For the purposes of the provisions of this Act, a statement —(a) included in a prospectus shall be deemed…

  • Section 110 Investments and Securities Act Section 110 of the Investments and Securities Act 2025 is about Document of offer of securities to be deemed a prospectus. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) Where an issuer offers or agrees to offer securities with a view…

  • Section 109 Investments and Securities Act Section 109 of the Investments and Securities Act 2025 is about Contract in prospectus not to be varied without leave. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: An issuer shall not vary the terms of a contract referred to in the…

  • Section 108 Investments and Securities Act Section 108 of the Investments and Securities Act 2025 is about Registration of prospectus. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) A prospectus shall not be issued by or on behalf of an issuer or in relation to an intended…

  • Section 107 Investments and Securities Act Section 107 of the Investments and Securities Act 2025 is about General and restricted invitations to the public. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) Except as provided in section 104 of this Act, where an issuer invites the public…

  • Section 106 Investments and Securities Act Section 106 of the Investments and Securities Act 2025 is about Prospectus on invitation to the public to acquire or dispose of securities. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: Notwithstanding the provisions of section 95 of this Act, no person…

  • Section 105 Investments and Securities Act Section 105 of the Investments and Securities Act 2025 is about Expert’s statement on prospectus. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) A prospectus inviting persons to subscribe for securities of a company and including a statement purportedly made by…

  • Section 104 Investments and Securities Act Section 104 of the Investments and Securities Act 2025 is about Exemption certificate and effect. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) Where it is proposed to offer any securities to the public by a prospectus issued generally and an…

  • Section 103 Investments and Securities Act Section 103 of the Investments and Securities Act 2025 is about Prohibition of issuance or circulation of certain notices, circulars and advertisements. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: (1) A person shall not without the prior approval of the Commission…

  • Section 102 Investments and Securities Act Section 102 of the Investments and Securities Act 2025 is about Exemption from application of provisions relating to prospectus in certain cases. It is under Part IX (Regulation of Securities) of the Act. It provides as follows: The provisions of sections 99 and 101 of this Act shall not…