Nigeria SEC Revokes Kensington Agro Trading Limited License
Analysis based on 7 articles · First reported Mar 01, 2026 · Last updated Mar 04, 2026
The revocation of Kensington Agro Trading Limited's license by the Nigeria===Securities and Exchange Commission of Nigeria signals a tightening of regulatory oversight in Nigeria's capital market. This action is expected to enhance investor confidence and promote market integrity, though it directly impacts Kensington Agro Trading Limited negatively.
The Nigeria===Securities and Exchange Commission of Nigeria has revoked the registration of Kensington Agro Trading Limited as a capital market operator, effective immediately. This action strips Kensington Agro Trading Limited of its authority to operate as a commodity broker/dealer and collateral manager in Nigeria's capital market. The decision was made pursuant to Section 61(6) of the Investments and Securities Act, 2025, and Rule 34(1) of the SEC Rules and Regulations 2013, as amended. While specific reasons for the revocation were not disclosed, the Nigeria===Securities and Exchange Commission of Nigeria emphasized its commitment to ensuring compliance, protecting investors, and maintaining market integrity. All stakeholders, including commodity exchanges and investors, have been advised to discontinue dealings with Kensington Agro Trading Limited. This move is part of intensified regulatory efforts in Nigeria, following a recent suspension of trading in Zichis Agro-Allied Industries Plc shares by the Nigerian Exchange Limited.
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