Category: Nigeria


  • Section 238 Investments and Securities Act Section 238 of the Investments and Securities Act 2025 is about Prohibition of use of certain titles. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person other than a clearing house, a commodities exchange, a commodity broker, a…

  • Section 237 Investments and Securities Act Section 237 of the Investments and Securities Act 2025 is about Emergency powers. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Whenever the Commission has reason to believe that an emergency exists, it may direct a commodity exchange or…

  • Section 236 Investments and Securities Act Section 236 of the Investments and Securities Act 2025 is about Registration of commodity broker. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not, whether as principal or agent, carry on business of or hold himself…

  • Section 235 Investments and Securities Act Section 235 of the Investments and Securities Act 2025 is about Revocation of registration. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission may revoke any instrument of registration granted if the body corporate ceases to operate as…

  • Section 234 Investments and Securities Act Section 234 of the Investments and Securities Act 2025 is about Prohibition of trading in particular contracts in commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Where the Commission deems it necessary to protect persons transacting in particular…

  • Section 233 Investments and Securities Act Section 233 of the Investments and Securities Act 2025 is about Power to issue directives to a commodities exchange. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission may, where appropriate, issue directives to a commodities exchange with…

  • Section 232 Investments and Securities Act Section 232 of the Investments and Securities Act 2025 is about Oversight function on commodities exchanges. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: Nothing in this section shall preclude the Commission from taking disciplinary action against a license holder,…

  • Section 231 Investments and Securities Act Section 231 of the Investments and Securities Act 2025 is about Review of disciplinary actions taken by a commodities exchange. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: The Commission may review any disciplinary action taken by a commodities exchange…

  • Section 230 Investments and Securities Act Section 230 of the Investments and Securities Act 2025 is about Commodities exchange to give notice of disciplinary actions. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: Where a commodities exchange reprimands, penalizes, suspends, expels, or otherwise takes disciplinary action…

  • Section 229 Investments and Securities Act Section 229 of the Investments and Securities Act 2025 is about Appointment and removal of chief executive and principal officers of a commodities exchange. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The appointment of the chief executive and…