SEC urges shareholders to dematerialize certificates


In its effort to increase market growth, efficiency and transparency, the Securities and Exchange Commission (SEC), has urged members of the public with physical certificates of shares to take advantage of the dematerialization initiative of the commission to convert it to electronic format.

The Acting Director General of SEC, Ms. Mary Uduk made this known on Thursday during the 2018 SEC Journalists Academy in Uyo.

According to her, “We have ensured that all share certificates are fully dematerialized. This is to say that physical share certificates are now fully converted into…

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