SEC Launches Revamped e-Dividend Portal for Investors
By Patience Ikpeme
The Securities and Exchange Commission (“the Commission”) has launched the revamped e-Dividend Mandate Management System (e-DMMS) Portal!
The e-Dividend portal which was first introduced in 2016 has been described as a game changer in the Nigerian Capital Market which will ensure that infractions are reduced to the barest minimum.
The revamped e-DMMS Portal introduces a “self-service interface” that allows investors apply to mandate their accounts for e-dividend virtually, without having to visit a Registrar or a Bank.
Therefore, Investors whose shareholding accounts appear on the list of non-mandated accounts hosted on the Commission’s website (www.sec.gov.ng/non-mandated) have been advised to use the new self-service portal by clicking on “NIBSS Self Service” link on the page and follow the instructions.
Investors may use the link, https://docuhub3.nibss-plc.com.ng/edmms/self-service, or approach their respective registrars or banks to register for collection of their unclaimed dividends and the receipt of subsequent dividends electronically.
