Nigeria, March 17 -- The Securities and Exchange Commission (SEC) has intensified its regulatory enforcement in Nigeria's capital markets by cancelling the registration of Mainland Trust Limited and suspending Centurion Registrars Limited alongside its directors and sponsored individuals.

The crackdown follows repeated non-compliance with regulatory directives and unresolved complaints against the firms.

In a public notice on Sunday, the SEC also announced the introduction of a "name and shame" policy, under which the names of capital market operators (CMOs) found to have violated regulations will be published in a dedicated journal.

The initiative, part of revised enforcement measures, aims to safeguard market integrity and protect in...