Renaissance Securities (Nigeria) Limited, Partnership Securities Ltd, Meristem Securities Limited, Stanbic IBTC Stockbrokers Limited, UBA Capital Plc, Vetiva Capital Management Ltd are among the 262 capital market operators
that have complied with the Securities and Exchange Commission’s (SEC) directive on recapitalisation.
The list includes Sterling Capital Market Ltd, Wstc Financial Services Limited; Zenith Asset Management, Leverage & Bond Securities Ltd; Lighthouse Asset Management Limited; Longterm Global Capital Limited; Lotus Capital Ltd; Magnartis Finance & Investment Limited; Mainstreet Bank Trustees & Asset Mgt Co. Ltd; Mainstreet Registrars; Mainstreet Bank Capital Ltd; Mansard Investment Ltd; Marimpex Finance & Investment Co. Limited; Marina Securities Limited; Marina Securities Stockbroking Services Limited; Mart Investments Ltd; Maven Asset Management Limited; MBC Capital Limited; MBL Financial Services Limited; Mega Equities Ltd; Mercury Resources & Inv. Co. Ltd; Meristem Registrars Ltd; Meristem Stockbrokers Limited; and Meristem Wealth Management Ltd.
Others that have complied with the apex market regulator’s directive on market operators recapitalisation included Milestone Capital Management Limited; Morgan Capital Securities Limited; Mutual Alliance Investment & Securities
Limited; Network Capital Limited; Newdevco Investment & Securities Co. Ltd; Nigeria Life and Provident Company Ltd; Oceanic Capital Limited; OGR Investment. & Trust Co. Ltd; Oziko Capital & Securities Ltd; Pac Asset Management Ltd; Pac Registrars Ltd; Pac Securities Limited; Pan African Capital Plc; Pareto Funds & Securities Limited; Partnership Securities Ltd; Peace Capital Market Ltd; Petroleum Inv. Mgt. Limited; Phillips Consulting Ltd; Phoenix Global Capital Markets Limited; Pilot Securities Limited; Pinefields Investments Services Limited; Planet Capital Limited; PricewaterhouseCoopers Limited; Primera Africa Securities Limited; Profinad Nigeria Ltd; Prominent Securities Limited; Pyramid Securities Limited; Quick Projects Ltd; Radix Capital Partners Limited; Radix Trustees Ltd; Rainbow Securities and Investment Company Limited; Rand Merchant Bank Nigeria Limited; Readings Investments Limited; Regency Assets Management Limited; Reward Investments & Services Limited; Riggs Securities Ltd; Rona-Chart Invest Co. Nig. Ltd; Rostrum Investment and Securities Limited; Royal Exchange Assurance Nig Plc; and Royal Finance & Investment Limited.
The list also includes Royal Trust Securities Ltd; Securities and Capital Management Company Limited; SFS Capital Nigeria Ltd; SFS Financial Services Limited; Shaquil Investment Ltd; Shelong Investment Limited; Sigma Securities Limited; Signet Investments & Securities Ltd; Silverthorn Inv. & Trust Ltd; SIM Capital Alliance Ltd; Skye Trustees Ltd; Skyview Capital Limited; Smadac Securities Limited; Springboard Trust & Investment Limited; Stanbic IBTC Asset Mgt. Limited; Stanbic IBTC Capital Limited; Stanbic IBTC Ventures Limited; Stanbic IBTC Trustees Ltd; Standard Chartered Securities (Nigeria) Ltd; Standard Union Securities Limited; Sterling Asset Management & Trustees Ltd; Sterling Registrars Ltd; Stockcorp Asset Management Ltd; Stockhouse Resource Ltd; Strategy & Arbitrage Limited; Tiddo Securities Limited; Time Line Consult Limited; Tradelink Securities Ltd; Traders Trust and Investment Company Limited; Travant Capital Advisory Services Ltd; Trust Yields Securities Limited; Trust House Investments Limited; TRW Stockbrokers Limited; UBA Asset Management Limited; UBA Securities Limited; UBA Trustees Ltd; Unex Capital Ltd; Unicorn Trust & Inv. Co. Ltd; Union Capital Markets Ltd; and Union Registrars Ltd.
Source : BusinessDay