Automated E-Dividend Mandate Activation
Direct integration with NIBSS ensures instant enrollment of BVN-linked bank accounts for seamless dividend credits.
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.
Covers the Zenith Bank, Guinness Nigeria, Dangote Sugar Refinery and May & Baker registers.
Submit the mandate form at your bank branch, by email or at any Veritas office, or start a self-service request through NIBSS.
Submit certificates registered in your name through your stockbroker. We verify within 24 hours.
Request a statement of account by email, or apply for online access to your share account and dividend history.
Our portfolio
Registrar to some of Nigeria's best-known listed companies.
01 What we do
Self-service
Direct integration with NIBSS ensures instant enrollment of BVN-linked bank accounts for seamless dividend credits.
Secure conversion of paper certificates to electronic book-entry shares for immediate trading on the NGX floor.
Expedited legal document verification and estate transmission for shares of deceased shareholders.
Intelligent search engine to reclaim outstanding dividend warrants and revalidate expired warrants.
For issuers
ISO-certified meeting broadcast with audited real-time electronic voting tokens and instant quorum reporting.
Complete maintenance of statutory member registers, closure of registers, and periodic SEC/NGX regulatory reporting.
End-to-end administration of Rights Issues, Bonus Shares, Public Offers, IPOs, Mergers & Acquisitions.
Specialized registrar management for state government bonds, corporate debentures, and Sukuk facilities.
02 How it works
Every dividend follows the same path. Knowing it helps you make sure you qualify, and that the money reaches your account.
Final dividends are approved by shareholders at the AGM; interim dividends by the Board of Directors.
The register closes to fix who qualifies. Buy before closure ("cum div") and you are entitled; buy after ("ex div") and you are not.
Withholding tax, currently 10% of the gross amount, is deducted before payment.
Shareholders with an e-dividend mandate are paid directly into their bank account. Without one, the dividend may go unclaimed.
03 Yield estimator
Adjust units, dividend per share and growth to model five years of payouts, net of the statutory 10% withholding tax.
Live projections, net of the 10% Nigerian statutory withholding tax.
Pension funds and designated sovereign investment institutions qualify for WHT exemption once statutory exemption certificates are lodged with Veritas.
04 Forms & mandates
Mandate your bank account so dividends are paid directly to you instead of by warrant. Submit at your bank branch, by email or at any Veritas office.
Update the bank account your dividends are paid into.
Convert share certificates registered in your name into electronic holdings in your CSCS account. Submit through your stockbroker.
Documents administrators need to transfer the shares of a deceased shareholder.
05 Disclosures
Rights issues, takeover offers, AGM notices and annual reports from the companies on our registers.
View all noticesThe 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.
The notice of the 2026 Annual General Meeting of May & Baker Nigeria Plc and the accompanying proxy card are available. Shareholders unable to attend may appoint a proxy.
Shareholders of Guinness Nigeria Plc can download the acceptance form for the mandatory takeover offer together with the directors' circular.
Whistleblowing
Report unauthorised transfers, abuse or unethical conduct through a confidential channel. You can choose to stay anonymous.