Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama, will on Wednesday, August 14, 2024, at the second Capital Market Committee (CMC) in Lagos, outline the commission’s vision for the Nigerian capital market in line with President Bola Tinubu’s Renewed Hope Agenda.
The CMC comprises regulators and various operators in the Nigerian Capital Market, including the SEC, the Exchanges, trade groups, and other stakeholders, and serves as a pivotal platform for dialogue. It is aimed at facilitating the robust exchange of ideas, while addressing key issues impacting market growth and organisation, besides collaborating to shape the market’s future.
The meeting, the commission said in a statement, aims to develop strategies for enhancing the capital market’s role in driving economic growth and development through initiatives that attract investments, improve market efficiency, and safeguard investor interests.
According to the SEC, “the meeting will bring together key stakeholders in the Nigerian capital market to discuss the industry’s current landscape, regulatory framework, and strategies for future growth. Participants will exchange ideas and reaffirm their commitment to fostering a robust investment climate characterized by innovation, sustainability, and investor protection.
The meeting will also focus on critical issues affecting the market and ensure that such concerns are thoroughly addressed.
To inform its deliberations, the committee will review reports from technical committees, market infrastructures, and industry observers. Emerging market trends will also be a focal point of discussion.
The meeting, the commission noted, “will draw CEOs from all registered capital market firms, including broker/dealers, investment advisers, custodians, fund/portfolio managers, and more.”
The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.
