Pre-Notice On Cancellation/Withdrawal Of Certificates Of Registration Of Inactive Capital Market Operators
The under-listed one hundred and fifty-seven (157) Capital Market Operators (CMOs) were registered by the Securities and Exchange Commission to perform various functions in the Nigerian capital market.
However, these CMOs have either consistently failed to render their statutory returns to the Commission, had their capital eroded or were affected by policy changes.
In view of this fact, the Commission hereby request the affected CMOs to submit presentations to the Commission, on or before 30th November, 2020, 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 under listed email addresses:
| 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 | CorporateSub-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. | CircularTrust 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. | ConsolidatedI nv. 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/PortfolioManager |
| 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. | LeadwayAssurance 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. | MalachaiFunds & 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. | MercovSecurities 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. | OmnisourceInternational 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 | IssuingHouse |
| 117. | Real Laam Enterprises | Individual Sub-Broker |
| 118. | Regency Financings Limited | Broker/Dealer |
| 119. | Resano Securities Limited | Broker/Dealer |
| 120. | Seasons Trust & Investment Ltd | PortfolioManager |
| 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 |