Summary:
- The Securities and Exchange Commission (SEC) in Nigeria has set a deadline of January 31, 2026, for the renewal of registration for Collective Investment Schemes (CIS), also known as Collective Management Organizations (CMOs).
- This renewal process is mandatory for all CMOs operating in Nigeria, and it is aimed at ensuring that these investment schemes are properly regulated and compliant with the SEC's guidelines.
- The SEC's decision to set this deadline is part of its ongoing efforts to strengthen the Nigerian capital market and protect investors by ensuring that all CMOs are operating within the established rules and regulations.