SEC revokes Kensington Agro Trading licence, bars market dealings

Nigeria's SEC revoked Kensington Agro Trading Limited's capital market licence with immediate effect, directing all exchanges and investors to cease dealings. The regulator cited statutory authority under the 2025 Investments and Securities Act and 2013 SEC rules, though no specific infraction was cited. This enforcement action removes the firm from authorised intermediaries and invalidates its market operations. Counterparties must unwind existing engagements, exchanges must suspend trades, and investors should verify licensing status before transactions. The move signals intensified regulatory oversight amid rising capital market infractions.

SOURCE: https://nairametrics.com/2026/03/01/sec-revokes-kensington-agro-tradings-licence/