The management team of the Securities and Exchange Commission (SEC) is expected in Lagos for four days beginning Monday next week.

This is to interact with retail investors on the new electronic form of cash dividend payments and the move to phase-out physical share certificates.

The roadshow and town hall meetings will focus on some of the challenges investors face in the online registration for the e-dividend service that was inaugurated recently in partnership with the Central Bank and the Interbank Settlement Service.

Retail investors have complained that the new initiative, designed to resolve some of the most difficult issues in the Nigerian capital market for several decades, is being constrained by banks and registrars.

The securities commission is expected to interface with investors at the central business district in Lagos over a four-day period.

A similar investor-interaction forum on the e-dividend payment was held recently in Abuja, the Federal Capital Territory.