Commission reiterates commitment to market development through technology.

Written by on April 18, 2022

The Securities and Exchange Commission (SEC) has restated its commitment to ensuring that Nigeria’s capital market attains its full potential through advanced technology.

Director-General of SEC, Lamido Yuguda, stated this during a meeting with the management team of Financial Sector Deepening (FSD) Africa.

Yuguda expressed the commission’s delight with the support from FSD Africa in the areas of human resource transformation, information technology strategy as well as capital market master plan review.

He disclosed that the master plan review has been concluded by PricewaterhouseCoopers (PwC), adding that the implementation of the initiative would deepen the market and improve its contribution to the nation’s economic growth.

Report says that FSD Africa’s support centres on the development of capital markets master plans, conducting institutional capacity assessments, and creating capacity for sustainable finance such as green bonds, helping markets to adapt to their operating goals.

Kevin Madu

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