Nigerian Capital Market Institute Hosts Journalist Academy, Explores Market Dynamics and SEC’s Strategic Initiatives

During the event, Mr. YUGUDA expressed gratitude to journalists for their crucial role in informing, educating, and guiding investors. He underscored their significant contribution to market transparency, accountability, and integrity. The Director-General’s speech highlighted SEC’s recent efforts, including the revision of the Capital Market Master Plan (CMMP), amendment of the Investments and Securities Act (ISA), and human resources restructuring.

Technological advancements, such as co-location hosting and a sophisticated surveillance system, were showcased, emphasizing the Commission’s commitment to modernizing the market. Mr. YUGUDA also discussed SEC’s support for sustainable finance, international collaborations with securities commissions, and the pivotal role of the capital market in economic growth.

The speech covered initiatives addressing unclaimed dividends, promoting fintech participation, and cautioning against unregulated digital assets. The SEC’s dedication to investor protection, market growth, and addressing infrastructure deficits took center stage.

In conclusion, SEC DG expressed confidence in achieving set targets, enhancing market capitalization, and adapting to the dynamic market environment. The Journalist Academy aims to equip participants with a profound understanding of the capital market’s core operations and emerging trends, fostering collaboration for sustainable market growth over the two-day event.