SEC registered SEC Nigeria Certified Registry Infrastructure • RC 394201

Transforming Capital Market Registries & Shareholder Returns

From automated NIBSS e-dividend payouts and CSCS dematerialization to hybrid AGM electronic voting, Veritas Registrars delivers secure, transparent securities administration for over 3.8 million shareholders and leading corporate issuers.

Offices Lagos Abuja Port Harcourt Zenith Bank branches
Aerial view of Civic Towers and the lagoon in Lagos
Verification turnaround
24 hrs
Automated

Covers the Zenith Bank, Guinness Nigeria, Dangote Sugar Refinery and May & Baker registers.

Get paid directly by e-dividend

Submit the mandate form at your bank branch, by email or at any Veritas office, or start a self-service request through NIBSS.

Download mandate form

Dematerialise your certificates

Submit certificates registered in your name through your stockbroker. We verify within 24 hours.

Get the demat form

Check what you hold

Request a statement of account by email, or apply for online access to your share account and dividend history.

Online access form

Our portfolio

Registrar to some of Nigeria's best-known listed companies.

  • 01 ZENITHBANK
    Zenith Bank Plc
    Banking ₦42.50
  • 02 VERITASKAP
    Veritas Kapital Assurance Plc
    Insurance ₦1.52
  • 03 DANGSUGAR
    Dangote Sugar Refinery Plc
    Consumer Goods ₦58.00
  • 04 MAYBAKER
    May & Baker Nigeria Plc
    Healthcare ₦6.80
  • 05 GUINNESS
    Guinness Nigeria Plc
    Consumer Goods ₦65.00
  • 06 BUAFOODS
    BUA Foods Plc
    Consumer Goods ₦390.00
  • 07 MTNN
    MTN Nigeria Communications Plc
    Telecommunications ₦210.00
₦520B+
Total Dividends Disbursed
Direct NIBSS credited to Nigerian investors
3.8M+
Shareholder Accounts
Maintained across Nigeria and the Diaspora
120+
Client Corporate Issuers
Banks, insurance, manufacturing, equities & bonds
99.8%
SLA Processing Rate
ISO-aligned mandate verification & payout speed

01 What we do

One register. Two audiences, held to the same standard.

Self-service

Your holdings, without the queue.

e-Mandate
Mandate form received
Bank account confirmed
Dividends paid to bank
Next dividend
₦157,500.00
Direct credit · no warrant
Start unclaimed dividend recovery
01

Automated E-Dividend Mandate Activation

Direct integration with NIBSS ensures instant enrollment of BVN-linked bank accounts for seamless dividend credits.

02

CSCS Dematerialization (Demat)

Secure conversion of paper certificates to electronic book-entry shares for immediate trading on the NGX floor.

03

Probate & Estate Transmission

Expedited legal document verification and estate transmission for shares of deceased shareholders.

04

Unclaimed Dividend Recovery

Intelligent search engine to reclaim outstanding dividend warrants and revalidate expired warrants.

For issuers

Corporate actions for household names.

Recent on our registers
  • Dangote Sugar Refinery Plc Rights issue
  • Guinness Nigeria Plc Mandatory takeover offer
  • May & Baker Nigeria Plc 2026 AGM
  • Zenith Bank Plc Rights issue & public offer
Talk to our registry team
01

Hybrid & Virtual AGM / EGM Management

ISO-certified meeting broadcast with audited real-time electronic voting tokens and instant quorum reporting.

02

Register Administration & Statutory Filings

Complete maintenance of statutory member registers, closure of registers, and periodic SEC/NGX regulatory reporting.

03

Corporate Actions Execution

End-to-end administration of Rights Issues, Bonus Shares, Public Offers, IPOs, Mergers & Acquisitions.

04

Bond & Commercial Paper Registries

Specialized registrar management for state government bonds, corporate debentures, and Sukuk facilities.

02 How it works

From board declaration to your bank account.

Every dividend follows the same path. Knowing it helps you make sure you qualify, and that the money reaches your account.

  1. 01
    Board & AGM

    Declaration

    Final dividends are approved by shareholders at the AGM; interim dividends by the Board of Directors.

  2. 02
    Qualification

    Register closure

    The register closes to fix who qualifies. Buy before closure ("cum div") and you are entitled; buy after ("ex div") and you are not.

  3. 03
    Tax

    Withholding tax

    Withholding tax, currently 10% of the gross amount, is deducted before payment.

  4. 04
    Payment

    e-Dividend

    Shareholders with an e-dividend mandate are paid directly into their bank account. Without one, the dividend may go unclaimed.

03 Yield estimator

See what your holding pays, after tax.

Adjust units, dividend per share and growth to model five years of payouts, net of the statutory 10% withholding tax.

Dividend & compound growth calculator

Live projections, net of the 10% Nigerian statutory withholding tax.

SEC-compliant calculation model
50,000
1K 250K 500K
₦
₦
7.5%
Net payout to your bank, per year
₦157,500.00
Gross
₦175,000
WHT 10%
−₦17,500
Yield
8.33%

Pension funds and designated sovereign investment institutions qualify for WHT exemption once statutory exemption certificates are lodged with Veritas.

05 Disclosures

Notices & corporate actions.

Rights issues, takeover offers, AGM notices and annual reports from the companies on our registers.

View all notices
18 Oct 2026
Corporate Action Dangote Sugar Refinery Plc

Dangote Sugar Refinery Plc: Rights Issue Circular

The rights circular for Dangote Sugar Refinery Plc is available to download. Shareholders on the register should read it before deciding whether to take up their rights.

Whistleblowing

Seen something wrong on a register? Tell us, anonymously.

Report unauthorised transfers, abuse or unethical conduct through a confidential channel. You can choose to stay anonymous.

Ada
Veritas shareholder assistant

Automated guidance · not financial advice