Straight – Through – Processing (STP)

What is STP? Straight – Through – Processing is an initiative which enables the entire trade process for financial transactions (e.g. capital markets or other payment transactions) to be conducted electronically without the need for further manual...
Learn more

What are the benefits of e-dividend for the investor/shareholder?

Shareholders will receive their dividends promptly, without the hassles of lodging their dividend warrants in banks or fear of dividend warrants becoming stale. The volume of shareholders’ dividends locked up as unclaimed dividends will reduce since all...
Learn more

SEC’s Role in the Nigerian Capital Market

The overriding reason for regulation of the capital market by SEC is to protect investors by creating an atmosphere that is devoid of sharp practices of any kind. The SEC uses the tools of Registration, Rules Making, Investigation, Monitoring, Enforcements and...
Learn more

What are Ponzi Schemes?

Ponzi Schemes, Wonder Banks, Pyramid Schemes, Investment scams and so on, refer to unregistered, fraudulent/illegal investment operations in which the operators, usually individuals or organizations offer incredibly high interest rates or returns to investors, always...
Learn more

How can I Dematerialize My Shares?

To dematerialize your shares, you need to do the following: Open a CSCS account today using your stockbrokers if you do not have one already. Surrender all the share certificates you want to dematerialize to the company’s registrars through your stockbroker...
Learn more

Can I use dematerialized shares to borrow money?

Of course yes, all you need to do is to approach your bankers with the CSCS statements of your shareholding and complete their prescribed forms by which procedure you would pledge the dematerialized shares to the bank. The lender bank will then place a lien on the...
Learn more

The Nigerian Capital Market Master Plan

Detailed Industry-wide  10 year plan for the Nigerian Capital Market Download Part A: The Nigerian Capital Market Master Plan  Part B: Non-Interest Capital Market Products Master Plan Part C: Capital Market Literacy Master...
Learn more

WHAT’S NEW

The Nigerian Capital Market Master Plan

Detailed Industry-wide  10 year plan for the Nigerian Capital Market Download Part A: The Nigerian Capital Market Master Plan  Part B: Non-Interest Capital Market Products Master Plan Part C: Capital Market Literacy Master... read more

NEWS AND EVENTS

SEC E-Dividend Roadshow, Abuja, 2016

The Securities and Exchange Commission (SEC) just concluded  a four day robust enlightenment programme on e-Dividend registration. The event started on Monday January 11, 2016 in Abuja with a 3 day road show and culminated in a town hall meeting on Thursday January... read more

FREQUENTLY ASKED QUESTIONS

Straight – Through – Processing (STP)

What is STP? Straight – Through – Processing is an initiative which enables the entire trade process for financial transactions (e.g. capital markets or other payment transactions) to be conducted electronically without the need for further manual... read more

Dematerialization

  “Dematerialization” also known as “demat” is the elimination of physical certificates or documents of title which represents ownership of securities so that securities exist only as accounting records” It is the process of converting securities (shares, bonds... read more

How Should I Respond to Ponzi Schemes?

Your response to them and their marketers should be: Ascertain the name of the scheme and its office address. Visit the SEC website (sec.gov.ng) for information on registered fund managers and to determine whether or not the scheme is registered with the Securities... read more

GLOSSARY

Preference shares

Preference shares is a type of debt instrument issued by companies in which the shareholders do not want to dilute their ownership interest.

Debt Instruments

Companies that do not want to immediately dilute their ownership interest in the company use debt instruments to raise funds from the capital market.

Equities

Equities (also called ordinary shares or common stock) are issued by companies that want to sell to the investor a part of itself in order to raise funds for development and expansion.

Money Savvy

Money Savvy is a program that offers children essential age-appropriate financial lessons and corresponding activities as they grow.

MEDIA CENTER

FEATURED PUBLICATIONS