SEC considers new regulatory framework to boost capital market activities

The Director General of Securities and Exchange Commission (SEC), Lamido Yuguda,  has said that the commission is considering a new regulatory framework that will further enhance the scope and operations of non-interest finance in the capital market.

According to Yuguda, the new framework will address challenges and unleash the potential of non-interest capital market.

He said the non-interest capital market has enormous potential capable of growing the capital market capitalisation by 25 per cent over the next three years.

He said the Capital Market Master Plan has a target that by the end of the plan period, 25 per cent of market capitalisation in the capital market should come from the non interest sector.

Source: SEC considers new regulatory framework to boost capital market activities – StocksWatch (stocksng.com)

Related Posts

18

Sep
Business & Economy

Stock Market Review: September 18, 2023

The stock market last week closed was down by 1.10% due to profit taking, bringing the All Share Index and Market Capitalisation to 67,395.74 points and N36.886 trillion respectively. Year to date, the market has returned 31.50%. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed:[…]