NASD PLC
OTC Market
Companies

NASDeP Admission Process

Access new sources of capital and connect with investors through the NASD marketplace. Our markets provide flexible admission routes designed to support companies at different stages of growth.

About the NASD Enterprise Portal (NASDeP)

NASDeP is a capital access platform designed for growth companies seeking long-term funding. It connects innovative private enterprises with accredited investors and institutional capital.

The platform also brings together due-diligence analysts, sponsors and incubators, giving issuers structured support through their capital raise.

Best Suited for

  • Scale-up companies
  • Startups seeking equity funding
  • Businesses looking for strategic investors
Founders pitching their company to investors on NASDeP

Eligibility criteria

Find out if you qualify to participate in our platform.

  • Limited liability company only

    Your business must be registered as a Limited Liability Company.

  • At least 2 years in operation

    Your business should have an established track record or a well-validated business model.

  • Sound corporate governance

    Your business must demonstrate good governance practices or a commitment to implementing them.

  • Registered with relevant regulatory body

    Your business must comply with all applicable regulatory requirements.

  • Clear capital requirement

    You must have a well-defined purpose for the capital (expansion, asset acquisition, etc.).

NASD

NASDeP Requirements Document

Download the full admission document Download the full admission document for detailed disclosure requirements and obligations.

Company Admission Process

Five steps from registration to listing your capital raise.

  1. Register for free
    Step 1

    Register for free

    Sign up on NASDeP to initiate your journey towards securing capital.

  2. Verify & Submit Documents
    Step 2

    Verify & Submit Documents

    Provide necessary documentation to verify your business credentials.

  3. Application Review
    Step 3

    Application Review

    Our team reviews your submission to ensure all criteria are met.

  4. Engage Professionals
    Step 4

    Engage Professionals

    Connect with Due Diligence Analysts and Sponsors to prepare for funding.

  5. Raise & List Capital
    Step 5

    Raise & List Capital

    Secure investment and list your capital raise on the NASDeP platform.

FAQs

Some of the commonly asked questions about NASDeP.

  • What is NASD PLC?
    NASD PLC is Nigeria's licensed Over-The-Counter Securities Exchange, regulated by SEC Nigeria. It provides a transparent venue for trading unlisted public securities.
  • What services does NASD provide?
    NASD operates a regulated OTC trading platform, provides market data and reporting, and supports companies seeking alternative routes to capital and shareholder liquidity.
  • How is NASD different from other exchanges?
    NASD focuses on unlisted public securities and offers a flexible listing pathway. Compared to a main-board listing, NASD typically has lower entry barriers while maintaining regulatory oversight.
  • Who regulates the NASD OTC market?
    The Securities and Exchange Commission (SEC) of Nigeria regulates NASD and the issuers admitted on its market.
  • What securities can be traded on NASD?
    Equities, bonds, commercial papers, and other admitted instruments. See the Admitted Companies page for the current list.
  • How are security prices determined on NASD?
    Prices are set by the matching of buy and sell orders submitted by licensed brokers, with NASD providing transparent price publication.
  • What are the trading hours on the NASD OTC market?
    See Hours & Holidays for the current schedule, including any market holidays.
  • How are trades settled on NASD?
    Trades settle through NASD's clearing arrangements with licensed market intermediaries. Your broker can confirm the timeline for your specific trade.
  • Can NASD traded securities be used as collateral?
    Subject to lender policy. Several admitted securities are accepted as collateral by Nigerian financial institutions.

Ready to Take the Next Step?

Speak with our team to explore the right market for your company.

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