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    Home - SEC To Publish Names Of Erring Operators In ‘Name And Shame’ Journal

    SEC To Publish Names Of Erring Operators In ‘Name And Shame’ Journal

    By Maimuna Bashir IsaMarch 17, 2025
    SEC 3

    THE Securities and Exchange Commission (SEC) has announced the suspension of Centurion Registrars Limited, along with its directors and sponsored individuals from the capital market.

    ABDULSAMAD

    The suspension was announced by the commission in a statement titled “Additional Enforcement Measures on Erring Capital Market Operators.”

    Senator Shekarau

    The SEC stated, “All clients of Centurion Registrars are advised to contact Africa Prudential Plc for guidance.”

    NEW UBA

    This action is part of the commission’s broader efforts in 2025 to crack down on capital market operators it deems illegal.

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    In a related update, the commission also said it will publish the names of Capital Market Operators who violate market regulations in its “Name and Shame” journal.

    The SEC said the decision reflects a zero-tolerance policy for infractions in the capital market and aligns with newly revised enforcement strategies.

    According to the notice, “The publication will be in addition to the sanctions and penalties for the respective infractions prescribed in the ISA 2007 and the SEC rules and regulations.”

    The Securities and Exchange Commission (SEC) recently revoked the registration of Mainland Trust Limited as a capital market operator, citing regulatory non-compliance and outstanding complaints against the company.

    Nigerian TAX Reform - Federal Goverment
    National Orientation Agency Page UP
    Erring Operators Name And Shame SEC
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