The Director General of SEC Nigeria recently spoke on Arise Television, shedding light on key updates in the Investment and Securities Act (ISA) 2025 | Enroll Now: Training Opportunities at The Nigerian Capital Market Institute (NCMI)! | In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu GCFR, has assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Secu | The Director General of SEC Nigeria recently spoke on Arise Television, shedding light on key updates in the Investment and Securities Act (ISA) 2025 | Enroll Now: Training Opportunities at The Nigerian Capital Market Institute (NCMI)! | In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu GCFR, has assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Secu |

Revamped E-Dividend Mandate Management System Portal

The Securities and Exchange Commission (“the Commission”) hereby announces the launch of the revamped e-Dividend Mandate Management System (e-DMMS) Portal. This initiative is another important step towards curbing the growth of unclaimed dividend and generally improving investor experience in the Nigerian Capital market.

The revamped e-DMMS Portal introduces a “self-service interface” that allows investors apply to mandate their accounts for e-dividend virtually, without having to visit a Registrar or a Bank.

Investors whose shareholding accounts appear on the list of non-mandated accounts hosted on the Commission’s website (ww.sec.gov.ng/non-mandated), are advised to use the new self-service portal by clicking on the “NIBSS Self Service” link or log on to https://docuhub3.nibss-plc.com.ng/edmms/self-service.

Alternatively, investors may approach their respective registrars or banks to register for collection of their unclaimed dividends and the receipt of subsequent dividends electronically.

Investors are also encouraged to refer the Frequently Asked Questions (FAQs) provided on the Commission’s website for more information and guidance.

Signed

Management

June 24, 2024

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