Echotitbits – Nigeria News

Tag: capital market operators

  • SEC Sets January Window for Market Operators’ Registration Renewals Ahead of e-Processing Shift

    SEC Sets January Window for Market Operators’ Registration Renewals Ahead of e-Processing Shift

    Photo Credit: BusinessDay
    2025-12-22

    In an update published by BusinessDay the SEC directed capital market operators to renew their registrations between January 1 and January 31, 2026.

    The move is part of a wider compliance push as regulators tighten oversight of intermediaries and try to reduce manual-heavy bottlenecks.

    The timeline also signals that late renewals could trigger operational disruptions once the regulator begins shifting core processes online.

    TheCable reported the SEC will commence “electronic receipt and processing of applications” in Q1 2026. The Nation also reported the deadline, stating operators must renew “between January 1 and January 31, 2026.”

    Echotitbits take: Digitising registration can reduce discretionary friction—if the portal is reliable. Watch for published checklists, transparent fees, and clear service-level timelines so smaller operators aren’t squeezed out.

    Source: BusinessDay — December 22, 2025 (https://businessday.ng/news/article/capital-market-operators-to-renew-registration-before-january-31-sec/)
    BusinessDay 2025-12-22

  • SEC Sets January Window for Market Operators to Renew Registration

    SEC Sets January Window for Market Operators to Renew Registration

    Photo Credit: Vanguard
    2025-12-23 09:00:00

    In a statement relayed by Vanguard, Nigeria’s Securities and Exchange Commission has directed capital market operators to renew their registration within January 2026, while also pushing digital upgrades to licensing and filings.

    The regulator says it wants the renewal process to be clearer, faster and less dependent on physical visits, as part of broader reforms to market oversight and investor confidence.

    SEC leadership is also signalling a bigger “automation” roadmap, including electronic receipt/processing and structured returns templates to strengthen risk-based supervision.

    For operators, the key practical impact is compliance readiness: documentation, timelines, and how quickly the new portal workflows become mandatory.

    Validation: The Nation reports that SEC “directed all capital market operators to renew their registration between January 1 and January 31, 2026.” Legit.ng reiterates that “The SEC has requested that capital market operators renew their registration between January 1 and January 31, 2026.”

    Echotitbits take: If SEC’s digitisation actually reduces approval delays, this could quietly improve market depth. Watch for enforcement consistency: the real test is whether non-compliance triggers penalties equally across big and small operators.

    Source: Vanguard — December 23, 2025 (https://www.vanguardngr.com/2025/12/sec-directs-market-operators-to-renew-registration-from-jan-1st/)
    Vanguard 2025-12-23