Regulatory Alerts2017-04-13
Database of Un-Mandated Accounts in the Nigeria Capital Market (e-Dividend Registration)
The Nigerian Securities and Exchange Commission requires all capital market investors to electronically register their bank accounts for direct dividend payments and secondary market transactions. Unregistered investors must verify their status via the Commission's online database and contact their bank or registrar to complete enrollment during the ongoing free registration period. This mandatory e-Dividend scheme concludes on June 30, 2017, marking the cessation of physical dividend warrants and free registration fees.
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