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Notes on capital markets, regulation, and project finance. Informational only. Not an offer of securities.

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  1. 21 October 2026

    The RATOP question: what Nigeria's tokenisation rules actually require

    The SEC's August proposal creates a Real-World Asset Tokenisation Platform at ₦500 million of capital. A January circular sets a similarly named permission at ₦1 billion.

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Permissioned digital capital-market infrastructure for real-world assets. Offerings proceed under licensed partners. Sector inventory emphasizes energy across hydrocarbon, renewable, transitional, nuclear, grid, and energy services, with real estate also supported. Platform workflows include identity verification, primary subscription from account balance, dividends, buyback, brokers, and Partner API.

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