Section 348 Investments and Securities Act Section 348 of the Investments and Securities Act 2025 is about Power to recover administrative penalties as debt. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Where a person has failed to comply with a penalty imposed by the Commission, the Commission…

Section 347 Investments and Securities Act Section 347 of the Investments and Securities Act 2025 is about Obligation of persons to disclose information connected with activities of their employer. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) An employee of a capital market operator, market participant, public company…

Section 346 Investments and Securities Act Section 346 of the Investments and Securities Act 2025 is about Offences by companies and market participants. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Where an offence under this Act has been committed by a company, issuer of securities, or market…

Section 345 Investments and Securities Act Section 345 of the Investments and Securities Act 2025 is about Criminal prosecution. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Subject to the provisions of the Constitution of the Federal Republic of Nigeria, 1999 relating to the power of prosecution by…

Section 344 Investments and Securities Act Section 344 of the Investments and Securities Act 2025 is about General offences. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: Except as otherwise specifically provided under this Act a person who —(a) wilfully obstructs, interferes with or interrupts the Commission in the…

Section 343 Investments and Securities Act Section 343 of the Investments and Securities Act 2025 is about Penalty. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) Except as otherwise specifically provided under this Act, any person who contravenes or contributes in the contravention of this Act or of…

Section 342 Investments and Securities Act Section 342 of the Investments and Securities Act 2025 is about Protection of action taken in good faith. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: A suit, prosecution or other legal proceedings shall not lie against any officer, member or other employee…

Section 341 Investments and Securities Act Section 341 of the Investments and Securities Act 2025 is about Legal proceedings, pre-action notice and right to represent Commission before Court or Tribunal. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) A suit shall not be commenced against the Commission before…

Section 340 Investments and Securities Act Section 340 of the Investments and Securities Act 2025 is about Power of the Minister and delegation. It is under Part XVIII (Miscellaneous Provisions) of the Act. It provides as follows: (1) The Minister may give to the Commission such directive as appears to him to be just and…

Section 339 Investments and Securities Act Section 339 of the Investments and Securities Act 2025 is about Protection for actions taken in good faith. It is under Part XVII (Establishment, Jurisdiction, Authority and Procedure of The Investments and Securities Tribunal) of the Act. It provides as follows: A suit, prosecution or other legal proceedings shall…