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)

Your Comment:

Related Posts

28

Nov
Business & Economy

Stock Market Review: November 28, 2022

The stock market last week closed on a positive note with 6.88% growth, week on week. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the capital market guru explained the factors behind the current positive vibration in the market. Excerpts: The stock market last week closed on a bullish note […]

28

Nov
Business & Economy

Why you should pitch your tent with fundamentally sound stocks

Opportunities in stocks with uptrend potentials The Nigerian stock market last week closed on a bullish note with 6.88% growth, week on week. This is occasioned by renewed buy interest in equities by smart investors. Year to date, the market has returned 11.33% with All Share Index and Market Capitalisation at 47,554.34 points and N25.902 trillion respectively.[…]