The Securities and Exchange Commission (SEC) has released a circular to all prospective Capital Market Operators announcing the schedule for the fourth quarter (Q4) 2025 pre-registration training and examination.
The announcement follows an earlier circular issued on October 28, 2025, which adjusted the schedule of activities for the ongoing registration process.
According to the Commission, the next cycle of the training and examination will commence on Monday, November 10, 2025. The programme is part of SEC’s continuous efforts to strengthen regulatory compliance and ensure that market operators possess the necessary professional competence to operate within Nigeria’s capital market.
The Commission stated that eligible participants include applicants who were invited but could not attend the July 2025 pre-registration training, those who participated but did not pass the previous examination, and other applicants who have met the required criteria for participation.
“Participation in the upcoming pre-registration training and examination will depend on the completion of the registration process on the designated application portal,” the SEC said. “Applicants are expected to complete the registration process as specified in the email notification sent by the Commission.”
The Commission also announced that the registration window for the exercise will close on Thursday, November 6, 2025, urging all prospective participants to complete their applications before the deadline.
In its reminder to applicants, the SEC reiterated its regulatory stance, stating, “In line with SEC Rule 3(6)(b), any registration application will expire if the applicant fails to meet the stated requirements within twelve months of submission. Such applicants will be required to submit a new registration application.”
The SEC’s pre-registration training and examination remain mandatory for all individuals and institutions seeking to operate within Nigeria’s capital market. The initiative is designed to uphold professional standards, enhance investor protection, and promote transparency and confidence in the financial system.
For small and medium-sized investment firms, the exercise presents an opportunity to strengthen compliance capacity and align with the Commission’s evolving regulatory framework, a critical step in maintaining credibility and competitiveness in Nigeria’s expanding financial market.
