Home Business SEC sets January 31 deadline for CMO registration renewal

SEC sets January 31 deadline for CMO registration renewal

SEC
SEC

Nigeria’s Securities and Exchange Commission (SEC) has mandated all Capital Market Operators (CMOs) to renew their registrations between January 1 and 31, 2026.

The commission announced the requirement in a release issued on December 21, 2025.

Director General Dr. Emomotimi Agama disclosed plans to shift to electronic processing of registrations and updates starting the first quarter of 2026.

This digital transition aims to eliminate delays from manual submissions through the new Digital Transformation Portal.

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The portal automates end-to-end registration workflows, allowing operators to submit applications, upload documents, and track status online.

SEC has also introduced automated modules for Commercial Paper issuance and plans similar enhancements for quarterly and annual returns submissions.

Infrastructure upgrades include improved servers, networks, cybersecurity measures, and selective cloud migration.

Agama emphasised ethical deployment of emerging technologies like artificial intelligence while ensuring compliance and investor protection.

These reforms enhance transparency, efficiency, and trust in Nigeria’s capital market regulatory framework.

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