Bamboo Systems Technology Limited (Bamboo), an online brokerage firm, on Thursday, announced that it has been granted a digital sub-broker licence from Nigeria’s Securities and Exchange Commission (SEC).
A statement issued by the firm said the new licence allows the company to operate in the Nigerian capital market and include Nigerian securities on its platform.
“SEC’s issuance of the licence to Bamboo ensures oversight of the relationship with its sponsoring broker, Lambeth Capital, while also empowering it to enter into partnerships with multiple brokers to serve its clients,” the statement said.
