SEC Director-General, Lamido Yuguda, said this at a news briefing on Friday in Lagos.
Browsing: Capital market
To achieve this, Director General of the SEC, Lamido Yuguda said there is the need to leverage the capital market for intermediation by facilitating access to capital.
The Chairman, Senate Committee on Capital Market, Senator Ibikunle Amosun, gave the assurance in his opening remarks at an interactive session with stakeholders from the Capital Market.
Efe Ebelo, the Head of Corporate Communication, SEC, Abuja, in a statement on Sunday said that the move would boost the level and quality of financial literacy among the citizens.
Otunba Niyi Adebayo, Minister of Industry, Trade and Investment, stated this in a keynote speech at the 23rd Annual Conference of the Chaterred Institute of Stockbrokers in Lagos.
The capital market stakeholders have called on Securities and Exchange Commission, Nigerian Stock Exchange and other stakeholders to formulate strategies that would boost local participation in the nation’s bourse.
A statement by SEC in Abuja on Thursday quoted Lijadu as saying that the capital market had played critical roles in attracting investments.
The long bearish trend on the Nigerian Stock Exchange (NSE) seems to be moderating, as the crucial market indicators dropped marginally by 0.02 per cent on Thursday.
Only the Federal Government and the Lagos State Government accessed the Capital Market for bonds in 2017, a Fiscal Responsibility Commission report says.
The Acting Director-General of SEC, Mary Uduk, said this in a statement issued by the Acting Head of Media, Efe Ebelo on Sunday in Abuja.
The News Agency of Nigeria reports that the slide is due to losses posted by highly capitalised and medium-size equities.
They told the News Agency of Nigeria in Lagos that the market would close upbeat as more companies would declare positive results.
This followed a motion by Hon. Femi Fakeye who expressed concern over allegations of malpractice in the market.
Capital market shareholders on Saturday called on the Securities and Exchange Commission and the Nigerian Stock Exchange to review the…
The Director General of SEC, Mounir Gwarzo, said the bills were in response to the challenge thrown to the Commission by the Senate President, Dr. Abubakar Bukola Saraki, during a roundtable conference organized by the Senate last year on how to reposition the nation’s Capital Market for effectiveness
An elated Munir Gwarzo, Director General of SEC, told a press conference recently: “In this country, we have never had this kind of initiative that has reduced unclaimed dividends like we have today. Apart from the investor getting his dividends where ever he is, that investor will be able to get dividends that in the last five years he has not been able to get.”
Also speaking, Ambrose Omordion, the Chief Operating Officer of InvestData Limited, said the 2016 budget impasse had slowed down economic activities, noting that budget was critical to investment decision
Speaking at the event, Akinkugbe stated: “Nigeria is at a point in its development where the issue of infrastructure has become extremely critical
The News Agency of Nigeria reports that the All-Share Index lost 90.43 points or 0.33 per cent to close at 27,179.28 against 27, 269.71 recorded on Friday amidst profit taking
They told the News Agency of Nigeria in Lagos that the market in the fourth quarter would be dominated by sell pressure due to forthcoming festivities