Monday, September 30, 2019 / 05:32PM / By SEC Nigeria/ Header Image Credits: blog.ceb.com
The following fee structure shall apply to the registration of existing fixed income securities (including dual listings)
First N500 Million @ 0.015%
Next N500 Million @ 0.0113%
Balance above N1 Billion @ 0.0075%
Total fees payable subject to a maximum cap of N100 Million
To provide clarity on applicable fees on registration of existing fixed income securities for domestic issuers and registration of issued fixed income securities for Issuers that intend to dual list. The introduction of a cap serves as an incentive to attract big ticket issues for listing in the Nigerian market
All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at email@example.com or by letter addressed to the Director-General, SEC, not later than two (2) weeks from date of publication.