- The SEC has set a January 31, 2025 deadline for Capital Market Operators to renew their registrations to ensure compliance
- Operators without valid registrations will face penalties and may lose their ability to conduct activities in Nigeria’s capital market
The Securities and Exchange Commission (SEC) has announced a January 31, 2025 deadline for Capital Market Operators (CMOs) to renew their registrations.
In a recent circular, the SEC advised operators to complete their annual renewal process between January 1 and January 31, 2025. This step ensures only qualified individuals manage activities within Nigeria’s capital market.
The Commission warned that operators without valid registrations will face penalties and may lose their ability to conduct market activities.
The periodic renewal system, reintroduced in 2021, aims to maintain an accurate database of active and registered CMOs in the Nigerian market.