None
VI
SEC Approves Magen Doxa Umerim Capital as Fund, Portfolio Manager
[]
THISDAYLIVE
Nume EkegheMagen Doxa Umerim (MDU) Capital Limited has received approval from the Securities and Exchange Commission (SEC) to operate as a Fund/Portfolio Manager in Nigeria’s capital market, expanding its investment management offerings to individuals, corporates, institutional investors and the Nigerian Diaspora.
With the licence, MDU Capital is now authorised to provide fund and portfolio management services, offering tailored investment strategies designed to help clients preserve and grow wealth in line with their financial objectives.
It stated: “MDU Capital Limited is pleased to announce that it has secured approval from the Securities and Exchange Commission (SEC) to operate as a Fund/Portfolio Manager in Nigeria’s capital market, effective 28 July 2026.
“The approval positions MDU Capital to provide regulated fund and portfolio management services tailored to the needs of individuals, corporates, institutions and Diaspora investors.
“With the SEC approval now in place, MDU Capital is positioned to deepen access to professionally managed investments while maintaining high standards of accountability, regulatory compliance and client service.”