• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, September 11, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

‘SEC Guidelines Ensured Stability In Recapitalisation Process’

by Olushola Bello
12 months ago
in News
Reading Time: 2 mins read
SEC
Share on WhatsAppShare on FacebookShare on XTelegram

The director-general of Securities and Exchange Commission (SEC), Dr Emomotimi Agama described the banking recapitalisation exercise guidelines as making the process more transparent and easily accessible for Nigerians to participate in.

Advertisement

Agama stated that the present Management of the Commission is interested in integrity and transparency of processes, and that is why it provided clarity before the recapitalization exercise commenced, which is a major ingredient in a transparent capital market.

According to him, clarity came out of the regulations that the SEC brought up to support the banking recapitalization. The banking capitalisation is a very important step by the government to strengthen the banks and indeed provide capacity for the banks to lend to the real sector for us to drive the economy, as provided for by the Renewed Hope Agenda Initiative and the design of the President to turn out a $1 trillion economy.

“It was important that all institutions that are concerned with this activity, come together and provide a needed guidance for the banks to be able to run the programme. This is about the second time that the SEC will be tested in its capacity to be able to handle this. The first was in 2004 as you are aware, during the Soludo recapitalization exercise, the SEC was tested, and we came out of the test positive, this time around, it will not be different.”

The SEC Boss said “the processes could only get better as the Commission has learnt a few lessons from the previous exercise, adding those lessons have led to creating an environment that makes it seamless, including the introduction of the guidelines, and the needed technology to help deal with it.”

RELATED

NSE Presents Excellence Award To Harmony Gardens Boss For Contributions To Housing Advocacy

NSE Presents Excellence Award To Harmony Gardens Boss For Contributions To Housing Advocacy

46 minutes ago
Minister Hails Ogun Government On Pace-setting Initiatives For Women

Minister Hails Ogun Government On Pace-setting Initiatives For Women

56 minutes ago

Agama said the Commission is cooperating with the Central Bank of Nigeria, the Federal Inland Revenue Service as well as the Office of the National Security Adviser to ensure that there is a safe environment for investments to thrive with special focus on attracting the youth populace to the market.

He stated that youth empowerment is a cardinal objective of the President in line with the Renewed Hope agenda and that is why the SEC has to embrace innovation to make the capital market attractive to them adding that the Commission will continue to guide these enterprising youths to unleash their potentials in the area of Fintech.

“Education is critical. Sometimes we think that we need to put in policies first. No, the first thing that we need to do is educate people, get them to understand the value of what we are speaking to,” he explained.

Join Our WhatsApp Channel

Tags: Emomotimi AgamaSecurities and Exchange Commission (SEC)
SendShare10167Tweet6354Share
ADVERTISEMENT
Previous Post

Arsenal Not Yet A Match For Man City-Liverpool Rivalry, Says Silva

Next Post

Petrol, Diesel Prices Soar By 32.51%, 64.58% In 1 Year

Olushola Bello

Olushola Bello

You May Like

NSE Presents Excellence Award To Harmony Gardens Boss For Contributions To Housing Advocacy
Business

NSE Presents Excellence Award To Harmony Gardens Boss For Contributions To Housing Advocacy

2025/09/11
Minister Hails Ogun Government On Pace-setting Initiatives For Women
News

Minister Hails Ogun Government On Pace-setting Initiatives For Women

2025/09/11
PICTORIAL: Protest Rocks Kogi Community Over Insecurity
News

PICTORIAL: Protest Rocks Kogi Community Over Insecurity

2025/09/11
Niger Uncovers 200 Ghost Workers On Payroll
News

‘Ranching Will End Farmers, Herders Clash, Insecurity’, Says Governor Bago

2025/09/11
Speaker Abbas Loses Older Brother
News

Speaker Abbas Loses Older Brother

2025/09/11
BBC Can’t Destroy Late TB Joshua’s Enduring Legacy — Fani-Kayode
News

Fani-Kayode Denies Interest In NFF Chairmanship

2025/09/11
Leadership Conference advertisement

LATEST

Party Leadership: No Court Injunction Against David Mark, Aregbesola — ADC

Governor Oyebanji Will Break My 16-0 Electoral Record In Ekiti, Says Fayose

Who Wants Governor Dauda Lawal To Resign — A Rejoinder

NSE Presents Excellence Award To Harmony Gardens Boss For Contributions To Housing Advocacy

Minister Hails Ogun Government On Pace-setting Initiatives For Women

PICTORIAL: Protest Rocks Kogi Community Over Insecurity

‘Ranching Will End Farmers, Herders Clash, Insecurity’, Says Governor Bago

Speaker Abbas Loses Older Brother

Fani-Kayode Denies Interest In NFF Chairmanship

Spanish Minister Seeks Ban Of Israeli Teams In International Sports

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.