Circular
The Investments And Securities Tribunal (IST) Restrains Unregistered Fintech Company From Stock Trading
19/12/2020The Investments and Securities Tribunal, (IST) on Thursday 17th December 2020, made interim Orders restraining a Fintech company, Chaka Technologies […]
Circular To Regulated Entities And Capital Market Stakeholders
18/12/2020The Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC) has warned that the country is on […]
Conduct Of Illegal Fund Management By Famzhi Interbiz Limited
18/12/2020The attention of the Securities and Exchange Commission (the Commission) has been drawn to the illegal fund management operation conducted […]
Circular To All Brokers/Dealers
03/12/2020Rule 56 (1&2) (c) of the Rules and Regulations of the Securities and Exchange Commission provides that: “Registered brokers/dealers shall […]
Pre-Notice On Cancellation/Withdrawal Of Certificates Of Registration Of Inactive Capital Market Operators
10/11/2020The under-listed one hundred and fifty-seven (157) Capital Market Operators (CMOs) were registered by the Securities and Exchange Commission to […]
CIRCULAR – EXTENSION OF DEADLINE TO FILE QUARTERLY FINANCIAL STATEMENTS FOR THE PERIOD ENDING SEPTEMBER 30, 2020
05/11/2020The Securities and Exchange Commission (SEC) has noted the recent general disruption to business operations across the country and the […]
CIRCULAR – AUDITED ACCOUNTS OF COLLECTIVE INVESTMENT SCHEMES
22/10/2020Pursuant to the provisions of Section 169(2)&(3) and Section 181(1)(f),(g)&(h) of the Investment and Securities Act 2007, and the importance […]
CIRCULAR TO ALL CAPITAL MARKET OPERATORS
22/10/2020In line with Section 38(2) of the Investments and Securities Act 2007 which empowers the Securities and Exchange Commission (“the […]
EXPRESSION OF INTEREST ICT TRANSFORMATION – TECHNICAL RESIDENT ADVISOR
16/10/2020Securities and Exchange Commission of Nigeria and FSD Africa are inviting qualified individuals to submit their Expressions of Interest for […]
Nigeria Commemorates World Investor Week
14/10/2020Nigeria, represented by the Securities and Exchange Commission and other stakeholders, will, in the month of October 2020, join the […]
SEC Corporate Governance Guideline and Revised FORM 01
10/10/2020Click here to download the template for reporting compliance ( Revised form 01) GOVERNANCE GUIDELINES The Financial Reporting Council of […]
Statement On Digital Assets And Their Classification And Treatment
14/09/2020INTRODUCTION Digital assets offerings provide alternative investment opportunities for the investing public; it is therefore essential to ensure that these offerings operate […]
Notification For 2020 First CMC Webinar Meeting
10/08/2020The 2020 First Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 20th August, 2020. The […]
Re: Activities Of An Illegal Operator IBSmartify Nigeria
26/06/2020The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known […]
New Rules On Collective Investment Schemes
22/06/2020Sequel to the publication of new Rules relating Collective Investment Schemes in December 2019, the Commission hereby issues the following […]
Requirement For Additional Information On All Prospectuses Issued To The Public
18/06/2020This is to inform all stakeholders that as part of efforts to ensure investor protection and promote transparency in the […]
Official Disclaimer on alleged Resignation of Ms. Mary Uduk as SEC DG
14/06/2020The Securities and Exchange Commission’s (the Commission) attention has been drawn to a publication in the media on sunday June […]
Circular To All Regulated Entities And The Market – Update On COVID 19
11/05/2020Following the Federal Government’s partial easing of the lockdown measures introduced to minimize the spread of Covid-19 across Nigeria, it […]
The Nigerian Capital Market Community Launches Initiative To Support The Fight Against COVID-19
21/04/2020Following the confirmation of the COVID-19 index case in Nigeria on February 27, 2020 and the subsequent identification of other […]
Official Disclaimer On Alleged Recruitment Exercise
13/04/2020The Securities and Exchange Commission’s (the Commission) attention has been drawn to some messages and a video being circulated in […]
Exposure Of Investor’s Data And Consent Form
06/04/2020The Commission has identified a number of challenges associated with identity management in the Nigerian Capital Market. As part of […]
Circular To All Regulated Entities And The Market
31/03/2020In light of the global pandemic of the Coronavirus Disease (COVID-19) and in furtherance to the Commission’s circular of March […]
Clarification On Prohibition Of Gifts At General Meetings (AGMS/EGMS)
26/03/2020March 03, 2020 The Securities and Exchange Commission wishes to clarify the application of Rule 602 (4) of its Rules […]
Activities Of Unlawful Market Operators
26/03/2020MARCH 11, 2020 The Securities and Exchange Commission wish to draw the attention of the investing public to the activities […]
Circular To Capital Market Stakeholders On Covid-19
24/03/2020The spread of the Corona Virus (COVID-19) worldwide has created a degree of uncertainty and anxiety, as governments and health […]
Circular to all Capital Market Operators/Stakeholders on Post-Approval Amendments to Transaction Documents
23/03/2020Notice is hereby given to all capital market operators/stakeholders that in addition to the complete filing directive of the Commission, […]
2020 Capital Market Committee Meeting Calendar
18/03/2020This is to notify the Capital Market Stakeholders that the 2020 CMC meetings have been scheduled to hold as tabulated […]
International Conference on the Nigerian Commodities Market 16-17 March 2020
14/03/2020The Securities and Exchange Commission in collaboration with the Implementation Committee on the Commodities Trading Ecosystem Roadmap, invites you to […]
Maintaining And Updating Comprehensive Investors/Shareholders Account Information
13/03/2020The Securities and Exchange Commission (the Commission) in furtherance of its investor protection and market development mandate has over the […]
Communique Issued At The 2020 Budget Seminar Themed “Leveraging The 2020 Budget And The Finance Act For The Growth Of The Nigerian Capital Market”
13/03/202013th February 2020 Lagos Download PDF 1. The Budget Seminar Series is a forum for evaluating the nexus between the […]
Securities And Exchange Commission’s 4th Budget Seminar
07/02/2020The Commission will hold its 4th Budget Seminar Series with the theme, “Leveraging the 2020 Budget and Finance Act for […]
Training Programme For Capital Market Operators and Compliance Officers
07/02/202004/02/2020 The Securities and Exchange Commission is organizing a training programme for Capital Market Operators and Compliance Officers: Date: […]
Public Notice – Penalties and Ban Expiration – Adekunle Alli
29/01/2020Sequel to the Commission’s APC decision in respect of BGL Group in APC/1/2015: RIVERS STATE MINISTRY OF FINANCE & 31 OTHERS […]
Guidelines On Net Capital: SEC Rule 57 And 58
29/01/2020The Commission hereby issues the under listed guidelines to facilitate effective compliance with SEC Rules 57 & 58 on Net […]
Amendment To Rule 27 – (Fidelity Bond)
30/12/2019The Securities and Exchange Commission wishes to inform all Capital Market Operators (CMOs) that in line with Section 313 of […]
Operations Of Nominee Accounts By Capital Market Operators
28/10/2019Following the amendment of Rule 61 (2) of the Consolidated SEC Rules and Regulations 2013 on the Regulation of Nominee […]
BGL Group APC Decision
05/10/2019Sequel to the Commission’s APC decision in respect of BGL Group in APC/1/2015: RIVERS STATE MINISTRY OF FINANCE & 31 OTHERS […]
IOSCO to launch 2019 World Investor Week to promote investor education
13/09/2019IOSCO/MR/22/2019 Madrid, 14 August 2019 IOSCO to launch 2019 World Investor Week to promote investor education The International Organization of […]
Reduction Of Exemption Fees For Some Capital Market Experts
13/09/2019You may wish to recall that Capital Market Professionals with a minimum of 15 years relevant post-qualification experience with not […]
Unclaimed Dividends Of Defunct Afribank Plc
11/09/2019The Securities and Exchange Commission (“The Commission”) wishes to inform shareholders of the defunct Afribank Plc that unclaimed dividends by […]
Report of the FinTech Roadmap Committee of the Nigerian Capital Market
28/08/2019At the 2nd Capital Market Committee Meeting of the year, which took place on Thursday, August 22, 2019, the Report […]
Notification For Second CMC Meeting In 2019
15/08/2019The Second Capital Market Committee (CMC) Meeting in 2019 has been scheduled to hold on Thursday, 22nd August, 2019 at […]
SEC Continues Verification of Dantata Investors
29/07/2019The Securities and Exchange Commission has continued verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by […]
CMOS Without Managing Directors And Compliance Officers
27/06/2019The attention of the Securities and Exchange Commission (“the Commission“) has been drawn to the recent trend by which CMOs […]
RE: Cross-Reference Checklist Review
10/06/2019The general public is hereby notified that the Commission commenced the Cross-Reference Checklist Review of Bond/fixed income applications with effect […]
Press Release On Suspension Of The Annual General Meeting Of Oando Plc
10/06/2019The Securities & Exchange Commission (‘the Commission’) hereby notifies the public that further to the Ex-parte Order of the Federal […]
Investigation Of Oando Plc
09/06/2019June 7, 2019 The attention of the SEC has been drawn to various reports questioning the regulatory authority of the […]
Press Release on Investigation of Oando Plc
31/05/2019Following the receipt of two petitions by the Commission in 2017, investigations were conducted into the activities of Oando Plc […]
Circular On Unclaimed Dividends Of Defunct Skye Bank Plc
31/05/2019The Securities & Exchange Commission (‘’the Commission’’)wishes to inform shareholders of the defunct Skye Bank Plc that unclaimed dividends declared […]
Rescheduled – Special Training For Interested Sponsored Individuals And Other Capital Market Practitioners
31/05/2019The Securities and Exchange Commission hereby notifies all capital market operators that the special training earlier scheduled for May 28-29, […]
Unethical Practice Of Commission Sharing By Brokers, Issuing Houses/Bookrunners And Other Receiving Agents
27/05/2019The attention of the Securities and Exchange Commission (the Commission) has been drawn to an emerging trend of unethical conduct […]
SEC, NSE Streamline Listing Process to Encourage More Listings
23/05/2019Lagos, May 23, 2019. The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (“The Exchange” or “NSE”) have […]
Special Training For Interested Sponsored Individuals And Other Capital Market Practitioners
13/05/2019The Securities and Exchange Commission hereby notifies all capital market operators of the special training for interested sponsored individuals and […]
Public Notice On Dantata Success And Profitable Company
08/05/2019The Securities and Exchange Commission (the Commission), pursuant to its powers under section 13(w) of the Investments and Securities Act […]
Notice Of Registration Interview Of Capital Market Operators April 16th 17th & 18th, 2019
15/04/2019The Commission will hold its Registration Interview Meeting for; Companies seeking fresh Registration into the Nigerian capital market. Additional sponsored […]
Transfer Of Registration Of Previously Registered Sponsored Individuals Who Left Their Sponsoring Companies Before May 12, 2014 And Have Not Successfully Transferred Their Registration
28/03/2019In order to address the gap observed in the implementation of Rule 19(4) as amended, the Commission hereby invites all […]
Re: Extension Of Deadline On Issuance Of Dividend Warrants And Free E-Dividend Registration Exercise
28/03/2019We refer to the circular dated 29thJune 2017 issued by the Securities and Exchange Commission (“the Commission”) on the above subject […]
Public Notice On Visionscape
08/03/2019The attention of the Commission has been drawn to news media publications regarding the default in repayment on Visionscape Bond […]
Illegal fund manager – Dantata Success and Profitable Company
25/02/2019The Securities and Exchange Commission (the Commission) pursuant to its powers under Section 13 (w) of the Investments and Securities […]
Notice To All Issuers And Issuing Houses
20/02/2019RE: Filing of Consent Letters, Executed Offer Documents (Adverts, Posters, and Specimen Certificates and Allotment Advice) Sub-national Issuers – Consent […]
Notification for First Capital Market Committee Meeting In 2019
08/02/2019The First Capital Market Committee (CMC) Meeting in 2019 has been scheduled to hold on Thursday, 21stMarch, 2019 at the Eko Hotels & […]
Notice on the Passage of the Federal Competition and Consumer Protection Act
08/02/2019On Tuesday, February 5, 2019, President Muhammadu Buhari signed the Federal Competition and Consumer Protection Act into law. The Law […]
Nigeria Capital Market Institute Training Calendar 2019
21/01/2019CLICK HERE TO PAY FEES N.B. Please select WORKSHOP/TRAINING FEES under “service name” and input the course title under “Description“ Contact […]
Fidelity Bond for the year 2019
18/01/2019By virtue of Rule 27 (1) of SEC Rules and Regulations, (made pursuant to the Investments and Securities Act, 2007) […]
Refresher Course For Capital Market Operators
14/01/2019Please be informed that Refresher Course for Capital Market Operators is slated as follows: Ø Date: 21 – 22, January […]
Introduction of the Interpretive Guidance Note (IGN)
14/11/2018The public and all capital market stakeholders are informed of the introduction of the Commission’s Interpretive Guidance Note (IGN). The […]
Frequently Asked Questions On Regularization Of Multiple Subscriptions
06/11/2018The Securities and Exchange Commission (”The Commission”) has received enquiries from investors who are interested in (a) identifying shares which […]
Collection of CMO Certificates of Registration
24/10/2018The Commission hereby notifies all Capital Market Operators (CMOs) to collect their original certificates of Registration with the Commission The […]
Notification For Third CMC Meeting In 2018
19/10/2018The Third Capital Market Committee (CMC) Meeting in 2018 has been scheduled to hold on Wednesday, 14th November, 2018 at the Federal Palace Hotel, […]
New Rule And Sundry Amendments To The Rules And Regulations Of The Commission
19/10/2018SUMMARY OF CHANGES New rule (1) Rules on Green Bonds Sundry Amendments (1) Inclusion of BVN as a valid means […]
Public Notice: Online Retail Foreign Exchange (Forex) Trading
19/10/2018The attention of the Securities and Exchange Commission (SEC) has been drawn to the increased advertisements in electronic and other […]
Invitation to Tender
16/10/20181.0 INTRODUCTION As part of efforts in leveraging Technology for the improvement of her business operations to enhance productivity and […]
Mandatory Registration Of All Capital Market Operators With Their Respective Trade Groups/Associations
10/10/2018The Commission hereby draws the attention of all Capital Market Operators to Rule 25(1)(a) of the SEC Rules and Regulations […]
Quantum Securities Limited – Notice of All Creditors Meeting 18 September 2018
14/09/2018Download Notice of Meeting
Training Programme For Capital Market Operators
04/09/2018The Securities and Exchange Commission is organizing a training programme for Capital Market Operators and Compliance Officers: Date: September […]
Notice of Capital Market Stakeholders’ Forum
18/07/2018The general public and relevant stakeholders are hereby notified that the 2ndCapital Market Stakeholders’ Forum being anchored by the National […]
Re: publication on proposed initial public offering (IPO) of MTN nigeria limited
08/07/2018The attention of the Securities and Exchange Commission has been drawn to a publication in pages 1 & 38 […]
Lifting of Technical Suspension on OANDO Shares
12/04/2018Shares of Oando Nigeria Plc were placed on technical suspension in October 2017 upon the announcement of forensic audit which […]
IOSCO Puts the Spotlights On Virtual Currencies
26/02/2018The Board of the International Organisation of Securities Commissions (IOSCO), met for a two day meeting at its headquarters in […]
Forensic Exercise On Oando Plc
05/12/2017The Securities and Exchange Commission has reiterated its decision to conduct a Forensic Exercise into the activities of Oando Plc. […]
SEC Circular to all Capital Market Operators on Rendition of Various Returns for AML/CFT and NFIU
27/07/2017CONSOLIDATED GRID FOR RENDITION OF VARIOUS ANTI-MONEY LAUNDERING AND COUNTERING THE FINANCING OF TERRORISM (AML/CFT) RETURNS BY CAPITAL MARKET OPERATORS […]
SEC Circular to all Capital Market Operators and Public Limited Companies to comply with Executive Order No.004 of 2017 on VAIDS
25/07/2017The Securities and Exchange Commission (The Commission) wishes to draw the attention of all Capital Market Operators (CMO’s) and Public […]
Circular to All Capital Market Operators without the Required Number of Sponsored Individuals
15/07/2017The Securities and Exchange Commission (SEC) Nigeria wishes to inform all Capital Market Operators (CMOs), Experts and Professionals operating in […]
Extension of Deadline on Issuance of Dividend Warrants and Free e-Dividend Registration Exercise
29/06/2017Following numerous requests received from the investing public, the Securities and Exchange Commission is pleased to announce that the deadline […]
Circular to All Capital Market Experts or Professionals Who did not Respond to the Commission’s Request for Data Update
12/05/2017The Securities and Exchange Commission (SEC) Nigeria pursuant to the powers conferred on it by the Investments and Securities Act […]
Database of Un-Mandated Accounts in the Nigeria Capital Market (e-Dividend Registration)
13/04/2017The Securities and Exchange Commission (SEC) is pleased to notify the investing public that, as part of measures to curb […]
Circular to the General Public on the “Seal up” of the Business Premises of YUAN DONG (YDEC), an illegal Capital Market Operator
25/02/2017The attention of the Securities and Exchange Commission, Nigeria (SEC) has been drawn to the activities of an Illegal Operator […]
Complaints Against Tine God Networks Limited (Illegal Operator)
20/02/2017The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator […]
Conviction of an Illegal Operator “Marian Moses Ventures Ltd” by the Federal High Court Kaduna Division
16/02/2017Management of the Securities and Exchange Commission wishes to draw the attention of the investing public to the Judgment of […]
Investors Alert: The Securities and Exchange Commission (“SEC”) lifts the suspension of Heritage Capital Markets Ltd
16/02/2017The Securities and Exchange Commission (“SEC”) on Wednesday February 1, 2017 lifted the suspension of Heritage Capital Markets Ltd together […]
SEC Reorganizes for Efficiency
16/01/2017The Securities and Exchange Commission (SEC) wishes to draw the attention of all capital market operators to the following reorganization […]
Approved Guidelines on Securities Settlements in Nigeria
05/01/2017Download full document below: GUIDELINES ON SECURITIES SETTLEMENTS IN NIGERIA (APPROVED)
Notice Of Meeting With the Directors and Sponsored Individuals of TransGlobe Investment and Finance Company Limited
30/12/2016The Commission is investigating various complaints against Transglobe Investment & Finance Company Ltd, a company of which you are Directors […]
Investors Alert! Suspension of Heritage Capital Markets Ltd
24/12/2016THE SECURITIES AND EXCHANGE COMMISSION (“SEC”) SUSPENDS HERITAGE CAPITAL MARKETS LTD The Securities and Exchange Commission (“SEC”) on Wednesday December […]
Update of Registration Information with the Commission
09/12/2016The Securities and Exchange Commission (SEC) Nigeria pursuant to the powers conferred on it by the Investments and Securities Act […]
Public Alert on the Activities of “MMM Federal Republic of Nigeria” (Nigeria.mmm.net)
30/08/2016The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an online investment […]
Re: Mrs. Oge C. Ottiwu – Illegal Activities in the Capital Market
30/08/2016The attention of the Securities & Exchange Commission has been drawn to the activities of Mrs. Oge C. Ottiwu of […]
Circular to All Capital Market Operators on Mandatory Registration with Relevant Trade Groups/Associations
17/08/2016MANDATORY REGISTRATION OF ALL CAPITAL MARKET OPERATORS WITH THEIR RELEVANT TRADE GROUPS/ASSOCIATIONS Following resolutions at the just concluded Capital […]
Public Notice On Dividend Warrants Acceptance Into Savings Accounts
04/08/2016The Securities and Exchange Commission (SEC) is pleased to notify the investing public that dividend warrants can now be deposited […]
Current Position on CMO Recapitalization Exercise
09/05/2016This is to clear the misconception in the media of the pronouncement made by the DG of SEC regarding the […]
Circular_Commencement of Direct Cash Settlement (DCS)
31/12/2015TO: ALL GENERAL INVESTING PUBLIC AND CAPITAL MARKET OPERATORS CIRCULAR ON THE COMMENCEMENT OF DIRECT CASH SETTLEMENT (DCS) This is […]
Revocation of Registration of Capital Market Operators
21/12/2015ANNOUNCEMENT REVOCATION OF REGISTRATION OF CAPITAL MARKET OPERATORS The Securities and Exchange Commission is empowered under section 30 (1) […]
Public Notice_In the Matter of Claims against Mega Asset Managers Limited
21/12/201516th December, 2015 IN THE MATTER OF CLAIMS AGAINST MEGA ASSET MANAGERS LIMITED FOR FRAUDULENT CONVERSION OF CLIENTS’ FUNDS […]
Publication of the BGL 50 Index in Thisday Newspapers
15/12/2015Public Notice Publication of the BGL 50 Index in Thisday Newspapers The attention of the Securities and Exchange Commission […]
Cancellation of Certificates of Registration_Prenotice201115
15/12/2015PRENOTICE ON CANCELLATION OF CERTIFICATES OF REGISTRATION OF INACTIVE CAPITAL MARKET OPERATORS The under-listed ninety-four (94) Capital Market Operators […]
Public Notice – Fidelity Bond_121115
15/12/2015PUBLIC NOTICE TO ALL CAPITAL MARKET OPERATORS ON FIDELITY BONDS All Capital Market Operators (CMOs) and Consultants are hereby […]
3rd Quarter CMC Meeting_111115
15/12/2015NOTICE OF CAPITAL MARKET COMMITTEE (CMC) MEETING The Commission wishes to inform members of the Capital Market Committee (CMC) and […]
NOTICE OF REGISTRATION COMMITTEE MEETING – NOVEMBER 9 & 10, 2015
15/12/2015Registration of additional sponsored individuals, additional Capital Market functions and fresh applicants to hold on Monday 9 and Tuesday 10 […]
Public Notice: Postponement of the Launch of the Corporate Governance Scorecard_231015 Public Notice: Postponement of the Launch of the Corporate Governance Scorecard_231015
15/12/2015The Securities & Exchange Commission wishes to bring to the notice of all Public Companies that the proposed launching of […]
Circular: Registrars – Implementation of E-Dividend Mandate Management System (E-Dmms) Portal
19/10/2015Further to the launching of the e-Dividend Mandate Management System (e-DMMS) Portal on 29thJuly 2015 by the Commission and the […]
PUBLIC NOTICE ON THE IMPLEMENTATION OF e-DIVIDEND MANDATE MANAGEMENT SYSTEM (e-DMMS) PORTAL
19/10/2015The Securities and Exchange Commission (SEC) is pleased to notify the investing public that enrolment for e-Dividend payments can now […]