The Securities and Exchange Commission (SEC)

Business

SEC Fixes 5pm T+1 Settlement Deadline For Equities, Commodities

Ogochukwu Onwaeze, THEWILL -
The SEC has fixed 5:00 p.m. on the first business day after a trade as the settlement deadline for equities and commodities transactions cleared through CSCS. Foreign portfolio investors will not be required to pre-fund trades, but brokers...
Business

SEC Launches Nationwide Drive To Help Investors Recover Unclaimed Dividends

Ogochukwu Onwaeze, THEWILL -
The Securities and Exchange Commission has launched a nationwide campaign to help investors recover unclaimed dividends and other funds linked to capital market transactions. The initiative will educate Nigerians on verifying and claiming unclaimed dividends, public offer refunds,...
Business

SEC Gives Capital Market Operators July 10 Deadline For Q2 Ownership, Capital Flows Returns

Ogochukwu Onwaeze, THEWILL -
July 9 (THEWILL) — The Securities and Exchange Commission (SEC) has directed all Capital Market Operators (CMOs) to submit their Q2 2026 Ownership Structure and Capital Flows Returns by Friday, July 10, 2026, giving operators two days to comply. The...
Business

SEC Revokes Kensington Agro’s Licence, Warns Investing Public Against Patronage

THEWILL -
March 02, (THEWILL) — The Securities and Exchange Commission (SEC) says it has revoked the registration of Kensington Agro Trading Limited as a capital market operator. The revocation takes “immediate effect”, the commission said in a public notice on Saturday,...
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BusinessOgochukwu Onwaeze, THEWILL -

NNPC Commits ₦473.8bn To Gas Infrastructure Projects, Records ₦25.7bn Interest

The report stated that the ₦473.8 billion loan was granted to NGIC “to fund the Nigeria–Morocco Gas Pipeline cash call commitments, equity injection to AGPC, and finance the AKK Pipeline Project.”
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