SEC Issues Pre-Notice on Withdrawal of Certificates of Registration of 157 Inactive CMOs

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Tuesday, November 10, 2020 / 9:00 PM / by SEC / Header Image Credit: The Sun Nigeria


The under-listed one hundred and fifty-seven (157) Capital Market Operators (CMOs) were registered by the Securities and Exchange Commission for various functions in the Nigerian capital market.

 

However, these CMOs have consistently failed to render their statutory returns to the Commission, had their capital eroded, while others were affected by policy changes.

 

In view of this fact, the Commission hereby request the affected CMOs to make presentations to the Commission, on or before 13th November, 2020, giving reasons why their registration should not be cancelled.

 

Hard copies of the presentations should be forwarded to the Commission's head office while soft copies should be sent to the following email addresses:

inspectorate@sec.gov.ng

monitoring@sec.gov.ng

 

 

S/N

Firm

Registered
Function

1.

2AS
Amao Consult

Individual
Sub-Broker

2.

Adamawa
Securities Limited

Broker/Dealer

3.

AIMS
Asset Management Limited

Fund/Portfolio
Manager, Broker/Dealer

4.

AIQ
Venture Capital Fund Managers Limited

Private
Equity Fund Manager

5.

Allbond
Investment Limited

Broker/Dealer

6.

Amalgamated
Capital Funds Ltd

Venture
Capital Manager

7.

Arnold
Portfolio Co.

Individual
Investment Adviser

8.

Associated
Investment Trust Co. Limited

Fund/Portfolio
Manager

9.

Bayhead
Alpha Capital Ltd

Fund/Portfolio
Manager

10.

Bendu
Peter Ser. Nig. Ltd

Investment
Advisers

11.

Bluebird
Capital Limited

Issuing
House

12.

Boston
Capital investments limited

Corporate
Sub-Broker

13.

Brickfield
Road Associates Ltd

Rating
Agency

14.

Bytofel
Trust & Securities Ltd

Broker/Dealer

15.

Cadington
Securities Ltd

Broker/Dealer

16.

Capital
Partners Limited

Corporate
Investment Adviser, Fund/Portfolio Manager

17.

Capital
Structures Ltd

Portfolio
Manager, Corporate Investment Adviser

18.

CDL
Asset Management Ltd

Fund
Manager

19.

Circular
Trust Ltd

Portfolio
Manager

20.

Citi
Asset Mgt ltd

Fund/Portfolio
Manager

21.

Citizens
Inv. & Sec. Ltd

Venture
Capital Manager

22.

City
Investment Management. Ltd

Broker/Dealer

23.

Consolidated
Discount Ltd

Fund/Portfolio
Manager, Investment Adviser, Trustee

24.

Consolidated
Inv. Limited

Broker/Dealer

25.

Consult
& Capital Limited

Fund
Manager

26.

Cornerstone
Asset Mgt. Ltd

Trustees,
Fund/Portfolio Manager, Corporate Investment Adviser.

27.

Corporate
Diamond Securities and investments Limited

Registrars

28.

Custodian
& Allied Insurance Plc

Trustee

29.

Cutix
Plc

General
Registrars

30.

Dakal
Services Limited

Broker/Dealer

31.

Dambale
(Nigeria) Limited

Corporate
Investment Adviser

32.

De-Canon
Investment Ltd.

Broker/Dealer

33.

Development
Business Co. Limited

Fund/Portfolio
Manager

34.

Dolbic
Finance Limited

Investment
Adviser, Portfolio Manager, Broker/Dealer

35.

Dynamic
Trust & Securities Ltd

Fund/Portfolio
Manager

36.

Eazytrade
Concept Ltd.

Portfolio
Manager

37.

Elyon's
Asset Management Ltd

Fund
Manager

38.

Emerging
Capital Ltd

Broker/Dealer

39.

EMI
Capital Resources Ltd.

Broker/Dealer

40.

Enterprise
Bank Plc

Issuing
House, Receiving Banker & Fund/Portfolio Manager

41.

Enterprise
Capital Mgt. Ltd.

Venture
Capital Manager

42.

Equibond
Securities Limited

Investment
Advisers

43.

Equinox
Asset Management Limited

Corporate
Investment Adviser, Portfolio Manager

44.

Equitorial
Trust Bank Plc

Issuing
House, Fund/Portfolio Manager & Banker to an Issue

45.

ET&F
Investment Ltd

Portfolio
Manager

46.

Express
Discount Limited

Fund/Portfolio
Manager, Corporate Investment Adviser

47.

FB
Asset Mgt. Limited

Corporate
Investment Adviser, Portfolio Manager

48.

Femi
Ajijala & Co.

Reporting
Accountants, Investment Advisers

49.

First
Alstate Securities Ltd

Broker/Dealer

50.

First
Marina Trust Limited

Broker/Dealer

51.

Fittco
Seurities Limited

Broker/Dealer

52.

Floodgate
Finance & Sec. Limited

Sub-Broker

53.

G.
Akomas & Partners

Fund/Portfolio
Manager

54.

Global
Capital Market Ltd

Issuing
House

55.

Global
Inv. & Sec. Ltd

Broker/Dealer

56.

GMT
Securities Ltd

Broker/Dealer

57.

Gombe
Securities Ltd

Broker/Dealer

58.

Habitat
Trust Ltd

Fund
Manager

59.

Hazonwao
Assets Management Ltd

Fund
Manager

60.

Heap
Investment Ltd.

Investment
Adviser

61.

Honey
Comb Asset Mgt. Ltd

Fund/Portfolio
Manager

62.

Horizon
Stockbrokers Ltd

Broker/Dealer

63.

Imperial
Finance & Sec. Ltd

Corporate
Investment Adviser, Fund/Portfolio Manager

64.

Indemnity
Finance Limited

Broker/Dealer

65.

Integrated
Capital Services Ltd

Issuing
House

66.

International
Standard Sec. Ltd

Broker/Dealer

67.

Investment
Monitors Ltd

Sub-Broker

68.

Investment
Shark & Asset Management Ltd

Broker/Dealer

69.

ITIS
Securities Limited

Broker/Dealer,
Issuing House

70.

Jubilee
Global Fund Plc

Fund
Manager

71.

Kedari
Securities Limited

Broker/Dealer

72.

Kendall
Securities Limited

Broker/Dealer

73.

Kingsway
Securities Limited

Corporate
Sub-Broker

74.

Koltron
Ltd

Fund
Manager

75.

Lakesworth
Inv. & Sec. Ltd

Broker/Dealer

76.

LASACO
Assurance Plc

In-House
Registrars

   

77.

Leadway
Assurance Co. Ltd

Investment
Advisers & Portfolio Manager

78.

Lion
Stockbrokers Limited

Broker/Dealer

79.

LMB
Stockbrokers Limited

Broker/Dealer,
Issuing House

80.

Lombard
Asset Mgt. Limited

Fund/Portfolio
Manager

81.

Lynac
Securities Limited

Broker/Dealer

82.

Mact
Securities LTD

Broker/Dealer

83.

Malachai
Funds & Assets Mgt. Ltd

Fund/Portfolio
Manager

84.

Maninvest
Asset Mgt. Plc

Broker/Dealer

85.

Maven
Asset Management Ltd

Broker/Dealer

86.

Mega
Asset Managers Ltd

Sub-Broker,
Portfolio Manager

87.

Mercov
Securities Limited

Broker/Dealer,
Portfolio Manager

88.

Metropolitan
Trust Nigeria Ltd

Broker/Dealer

89.

MICC
Consult-Mashasha Inv. & Commerce Co. Limited

Investment
Advisers

90.

Monument
Sec. & Fin. Ltd

Broker/Dealer

91.

NCDF
Investment Limited

Venture
Capital Manager

92.

N-cheque
Securities Ltd

Portfolio
Manager

93.

NIC
Securities & Trust Ltd.(formerly NIC Trustees Ltd)

Trustee

94.

Niche
Securities Limited

Broker/Dealer

95.

NICON
Trustees Ltd

Investment
Adviser, Registrar, Trustee, Fund/Portfolio Manager

96.

NMA
Investment & Securities Ltd

Portfolio
Manager

97.

Noble
Financial Trust Ltd

Fund/Portfolio
Manager, Corporate Investment Adviser

98.

Nouveau
Delice International Ltd

Venture
Capital Manager

99.

Novare
Investments Ltd

Fund/Portfolio
Manager

100.

Occean
Securities and Stock Brokera Ltd

Broker/Dealer

101.

Oceanic
Trustees Ltd

Trustee

102.

Omas
Inv. & Trust Limited

Broker/Dealer

103.

Omnisource
International Ltd

Broker/Dealer,
Investment Adviser, Portfolio Manager

104.

Osunbade,
Okiti & Co.

Investment
Advisers & Reporting Accountants

105.

Pan
Securities Limited

Portfolio
Manager & Issuing House

106.

Peach
& Prime Ltd.

Portfolio
Manager

107.

Peak
Securities Limited

Broker/Dealer

108.

Peninsula
Assets Management & Investment Co. Ltd

Broker/Dealer

109.

Petroleum
Inv. Mgt. Limited

Corporate
Investment Advisers

110.

Pharez
Limited

Rating
Agency

111.

PHB
Asset Management Ltd

Fund/Portfolio
Manager

112.

Platinum
Capital Limited

Issuing
House, Broker/Dealer, Fund/Portfolio Manager

113.

Professional
Stockbrokers Ltd

Corporate
Sub-Broker

114.

Profund
Securities Limited

Broker/Dealer,
Issuing House

115.

Prudential
Securities Ltd

Broker/Dealer

116.

Prudential
Trust Co. Ltd

Issuing
House

117.

Real
Laam Enterprises

Individual
Sub-Broker

118.

Regency
Financings Limited

Broker/Dealer

119.

Resano
Securities Limited

Broker/Dealer

120.

Seasons
Trust & Investment Ltd

Portfolio
Manager

121.

Seclink
Nigeria Limited

Investment
Adviser

122.

Securities
Solutions Limited

Broker/Dealer

123.

Securities
Trading & Invest. Ltd

Broker/Dealer

124.

Sekat
Company

Individual
Investment Adviser

125.

Skylimit
Investment Ltd

Corporate
Sub-Broker

126.

Slamad
Securities Ltd

Corporate
Sub-Broker

127.

Stacoprime
Capital Ltd

Sub-Broker

128.

Stan
Consultants Nigeria

Individual
Investment Adviser

129.

Standard
Alliance Insurance Plc

Underwriter

130.

Stanwal
Securities Limited

Broker/Dealer

131.

Stock
Investment Sec. Ltd

Corporate
Investment Adviser, Fund Manager

132.

Strategy
& Arbitrage Limited

Broker/Dealer

133.

Stronghold
Inv. Limited

Fund/
Portfolio Manager

134.

Summa
Guaranty & Trust Co. Plc

Issuing
House, Broker/Dealer

135.

Summit
Finance Co. Ltd.

Issuing
House

136.

Supra
Commercial Trust Ltd 

Dealer

137.

Synergy
Inv. & Sec. Limited

Registrars,
Trustees, Investment Adviser, Fund/Portfolio Manager

138.

T.
A. Oke

Individual
Investment Adviser

139.

Taricol
Investment Ltd

Fund/Portfolio
Manager

140.

TDA
Capital Management Ltd

Fund
Manager

141.

Treasureline
Interlink Ltd

Fund
Manager

142.

Truevine
Global Asset Mgt. Limited

Corporate
Investment Adviser, Portfolio Manager

143.

UAC
Registrars Ltd

Registrars

144.

Unic
Insurance Plc

Underwriter,
Corporate Investment Adviser, Fund/portfolio Manager

145.

Unicapital
Plc

Trustees,
Fund/Portfolio Manager, Issuing House

146.

Union
Homes Savings & Loans Plc

Fund
Manager

147.

Unique
Venture Capital Management Co. Ltd

Venture
Capital Manager

148.

UTB
Trustees Limited

Trustees

149.

Ventures
& Trust Limited

Corporate
Investment Adviser, Fund Manager

150.

Vileo
Capital & Asset Mgt. Ltd

Fund/Portfolio
Manager

151.

Visa
Investments & Sec. Ltd

Portfolio
Manager

152.

Vono
Product Plc

In-House
Registrars

153.

Wema
Asset Management Ltd

Trustees,
Issuing House,  Investment Adviser, Fund/Portfolio Manager
Broker/Dealer

154.

Wema
Securities & Finance Plc

Broker/Dealer

155.

Wizetrade
Capital Asset & Mgt. Ltd

Broker/Dealer

156.

WT
Securities Ltd

Broker/Dealer

157.

Zuma
Securities Limited

Broker/Dealer


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