June 5, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to the fact that paying companies and their Registrars have continued to treat unclaimed dividends of public companies that are older than 12 years as being “statute-barred” without recourse to the provisions of […]
Author: InvestAdvocate
SEC Announces Equities Segment of the Nigeria Capital Market Transitions to T+2 November 28, 2025
June 5, 2025/SEC Nigeria Further to a comprehensive review of the current settlement cycle in the Nigerian capital market and extensive engagements with stakeholders, the Securities and Exchange Commission (“the Commission”) hereby informs all capital market stakeholders that the equities segment of the market would transition to a T+2 (i.e. […]
SEC Announces Punisher Coin as Illegal Operator
June 5, 2025/SEC Nigeria “PUNISHER COIN” The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to several online publications advertising an unauthorized presale of Crypto coin termed “PUNISHER COIN” aka “$PUN”. The Commission hereby informs the public that the promoters or issuers of “PUNISHER COIN” aka “$PUN” are NOT […]
