Lamido Yuguda

SEC initiates 100% custody requirement in CIS

By Kayode Tokede In a bid to further protect investors and deepen the capital market, the Securities and Exchange Commission (SEC) has announced that it has commenced the implementation of 100% custody requirement in the Collective Investment Schemes sector. Director…

4.01m accounts have incomplete KYC information — SEC

The Director-General of the Securities & Exchange Commission (SEC), Mr. Lamido Yuguda has disclosed that 4,012,311 accounts have incomplete Know-Your-Customer (KYC) information as at April 8, stressing that the deadline for 2021 renewal is April 30th, 2021. The Director-General stated…