The Securities and Exchange Commission has said that it recognizes the importance of digital platforms for democratizing access to capital market products and services for greater financial inclusion in the capital market.
Director General of the SEC Mr. Lamido Yuguda made this statement at a webinar organised by the Commission with the theme “Digital platforms: New Frontier for capital Market inclusion”.
Yuguda who was represented by the Executive Commissioner Legal and Enforcement Mr. Reginald Karawusa said, “As the apex regulator of the Nigerian capital market, with a dual mandate to regulate and develop the market we recognize that the greatest asset of any capital market and indeed any financial market is its investors. It is investors, whether retail or institutional that provide the savings needed for productive investments. Inclusion of the excluded population is therefore critical for deepening a sustainable capital market.”
“As the apex regulator of the Nigerian capital market, with a dual mandate to regulate and develop the market we recognize that the greatest asset of any capital market and indeed any financial market is its investors. It is investors, whether retail or institutional that provide the savings needed for productive investments. Inclusion of the excluded population is therefore critical for deepening a sustainable capital market.”
In his remarks, Director Market Development Department at the SEC, Mr. Edward Okolo said the topic for discussion is apt based on prevailing circumstances and global realities.
