The operating licence of Kensington Agro Trading Limited has been revoked by the Nigeria’s Securities and Exchange Commission (SEC).
The regulator directed the investing public and all exchanges to immediately cease any market dealings with the firm.
The directive takes effect immediately, underscoring the commission’s strict enforcement of capital market regulations.
With the revocation, Kensington Agro Trading is barred from carrying out any regulated capital market activities.
The SEC further instructed all commodity exchanges, market operators and stakeholders to stop interacting with the company without delay.
Although the commission did not disclose the specific infractions that led to the decision, it said the action was taken in exercise of its statutory authority. The regulator cited Section 61(6) of the Investments and Securities Act, 2025, as well as Rule 34(1) of the SEC Rules and Regulations 2013 (as amended).
“The Commission hereby notifies the public that it has revoked the registration of Kensington Agro Trading Limited with immediate effect 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),” the notice reads.
“Accordingly, Kensington Agro Trading Limited is no longer authorised to operate in any capacity in the Nigerian capital market as a registered capital market operator.”
“All capital market operators, commodity exchanges, investors, and the general public are hereby directed to cease and desist from any dealings with Kensington Agro Trading Limited in respect of capital market activities.”
The directive signals to counterparties, custodians and exchanges currently transacting with the firm to review and terminate any existing engagements. Market participants are expected to suspend or unwind transactions involving the company where necessary.
Exchanges and custodians have also been advised to verify their records to prevent further trades or asset movements under the firm’s name. Investors are urged to confirm the licensing status of intermediaries before entering into new transactions.
The revocation removes Kensington Agro Trading from Nigeria’s regulated capital market ecosystem, stripping it of any authority to function as a licensed operator.
Kensington Agro Trading is an agro-commodities company based in Nigeria, focused on delivering high-quality agricultural products to both local and international markets with head office located at 12th Floor, Elephant House, 214 Broad Street, Marina, Lagos
