SEC Wants Capital Market To Attract More Nigerians

The Securities and Exchange Commission has said it is committed to making the capital market attractive to all Nigerians.

The Director-General, SEC, Mr Lamido Yuguda, said this during a meeting with a team led by the British Deputy High Commissioner in Abuja on Friday, according to a statement on Sunday.

According to him, the commission is implementing various initiatives to ensure that products and offerings in the market are accessible to both the young and old which will further deepen the market.

According to him, the capital market experience starts with a bank account

Yuguda further disclosed that SEC recently approved an e-offer for MTN and expressed the excitement of the commission.

He said with the e-offers, a lot of Nigerians would be happy to invest in the capital market and that would dissuade people from patronising illegal schemes.

He added that the commission, in its drive to attract more people to the market, was focusing on a proper identity management system, which would also aid in the reduction of the issue of unclaimed dividends.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.