• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 12, 2022
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

FG Promises To Strengthen SEC To Reposition Capital Market

by Olushola Bello
1 month ago
in Business, News
0
SEC FG
Share on WhatsAppShare on FacebookShare on TwitterTelegram

The federal government has said it would strengthen the Securities and Exchange Commission (SEC) to reposition the Nigeria’s capital market to be at par with its peers globally.

 

The minister of Finance, Budget and National Planning, Mrs Zainab Ahmed made the commitment in Abuja, yesterday, when receiving the Revised Nigerian Capital Market Master Plan (2021-2025).

 

The plan was submitted to the minister by the Capital Market Master Plan Implementation Council led by director-general of SEC, Lamido Yuguda and other top officials of the commission.

 

The minister said, the review of the Capital Market Masterplan underscores the fact that capital market growth resonates with the current administration’s unwavering commitment to deepening and re-positioning the country’s financial markets as a key anchor to achieving a private sector led development of the economy as encapsulated in the National Development Plan objectives.

RELATED

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others

33 mins ago
Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari

Police Dismiss Corporal Kadiri For Assault On Commuters

5 hours ago

 

She said, under her watch, the ministry of finance has supported the Capital Market Master Plan implementation efforts since inception, adding that, the Master Plan, represents the collective aspirations of the capital market community which is focused on driving initiatives geared towards growing and deepening the market.

 

She said this initiatives are being implemented with the ultimate goal of accelerating the emergence of Nigeria as a top 20 global economy by the year 2025.

Ahmed commended the Securities and Exchange Commission, Capital Market Masterplan Implementation Committee and other stakeholders for the laudable accomplishments so far recorded in the Master Plan implementation journey especially in the areas of dematerialization of share certificates, e- Dividend mandate, facilitation of access to alternative investments like Sukuk and Specialized Funds, review of CAMA and ongoing review of the ISA, demutualization of the Nigeria Stock Exchange, enhancing the commodities eco-system, design of a National Savings Strategy among others.

Also, the director-general of SEC, Lamido Yuguda stated the the commission and other stakeholders have recorded significant milestones over the years, listing some of them to include full dematerialization of certificates, direct cash settlement, recapitalization of CMOs, E-Dividend Mandate Management System, among others.

Tags: Federal GovernmentSecurities and Exchange Commission (SEC)
SendShareTweetShare
Previous Post

MTN Nigeria Moves Ikenna-Emeka To Handle Fixed Broadband

Next Post

Equities Investors Records N5.64trn Positive Return In H1

ANOTHER GOOD READ

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others
News

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others

33 mins ago
Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari
News

Police Dismiss Corporal Kadiri For Assault On Commuters

5 hours ago
Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari
News

Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari

5 hours ago
2023: Saraki Asks Youths To Vote For Credible Candidates
World News

Man Arrested After Stabbing Salman Rushdie On Stage

5 hours ago
Presidential Primaries: Group Hails Saraki, Says He Remains A Hero
News

2023: Saraki Asks Youths To Vote For Credible Candidates

6 hours ago
House Clerk Pledges Regular Capacity Building For Support Staff
News

House Clerk Pledges Regular Capacity Building For Support Staff

8 hours ago
Next Post
Investors

Equities Investors Records N5.64trn Positive Return In H1

LATEST UPDATES

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others

N66m Fraud: Again, Court Convicts Mama Boko Haram, 2 Others

August 12, 2022
Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari

Police Dismiss Corporal Kadiri For Assault On Commuters

August 12, 2022
Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari

Growth Of Private Conglomerates Like BUA Group Evidence Of Our Good Policies – Buhari

August 12, 2022
2023: Saraki Asks Youths To Vote For Credible Candidates

Man Arrested After Stabbing Salman Rushdie On Stage

August 12, 2022
Presidential Primaries: Group Hails Saraki, Says He Remains A Hero

2023: Saraki Asks Youths To Vote For Credible Candidates

August 12, 2022
5 Medications You Should Not Mix With Alcohol

5 Medications You Should Not Mix With Alcohol

August 12, 2022
House Clerk Pledges Regular Capacity Building For Support Staff

House Clerk Pledges Regular Capacity Building For Support Staff

August 12, 2022
EFCC Arrests 26 Suspected Internet Fraudsters, Corps Member Jailed

EFCC Arrests 26 Suspected Internet Fraudsters, Corps Member Jailed

August 12, 2022

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.