The Securities & Exchange Commission (SEC) in a deft move to fortify the ongoing efforts towards enlightening the investing public with a special focus on retail investors heat the streets of Lagos with another round of sensitization on e-Dividend Registration which is currently on-going in the country.

In a colourful convoy adorn with side attractions that started at the commission zonal office at No 3 Idejo Street to Adeola Odeku → Ahmadu Bello Way → Bar Beach → Kuramobeach/Eko Hotel → Ajose Adeogun → Ademola Adetokunbo (Civic Center) → Lekki Phase 1 → Admiralty 3rd Roundabout → Ajah Market/Alesh Hotel → Oyingbo Market/Park and back to starting point which marks the end of day (1) of the (4) day scheduled public awareness campaign.

Speaking during the programme at Ajah Market the Head of Department (HOD) Market Development of SEC Mr Henry Rowlands speaks on the need for investors to key into the programme “the e-dividend registration is one of the key initiative being enchored by SEC to ensure dynamic and transparent market capable of responding to the socio-economic aspiration of the nation at this difficult time” as part of efforts aimed at implementing the Ten (10) year Capital Market Master Plan, the e-dividend is targeted to eradicate the difficulty encountered by investors, with hereto had been through the issuance of dividend warrants.

The Electronic payment regime will bring about timely receipt of dividend by investor as well as give clear understanding of how well the companies are performing market women and men have shown great enthusiasm on the programme and lauded the Commission new engagement scheme of engaging the common man on the street, Mr Adeniyi Bello a trader at Oyingbo Market express delight on the commission interface “thisis a welcoming strategy because we have all give up on our dividends long time ago but this information by SEC has given us hope, one have to run to his Bank”

As part of the 4 –day event a Town Hall enlightenment forum on the e-dividend registration will on Thursday the 11th of February 2016 will hold at the Muson Centre, Onikan Lagos. In addition to creating awareness of the e-dividend initiative this forum also aimed at addressing all questions that investors may have on the registration exercise. The forum is expected to be attended by all stakeholders including regulators both in the capital and money markets, market operators and the general public.