Securities lending in Nigeria: putting together a credible legal framework

Olayemi Anyanechi, Partner, Templars, email: olayemi.anyanechi@ templars-law.com.

Introduction

Years after the financial markets crash of 2008, world markets are still grappling with the severe liquidity crisis it left on their economies. One of the lingering effects of the global economic downturn in the Nigerian market has been the crash of the capital market, unprecedented since its evolution.