Out of a population of over 170 million Nigerians, only five million currently participate in the Nigerian capital market. The Securities and Exchange Commission (SEC) is working towards increasing this figure to 10 million Nigerians by 2024. Speaking at the centenary Capital Market Committee (CMC) meeting in Lagos, yesterday, the sponsor of the Literacy Committee, who is also the Executive Commissioner,... Read more »
Nigeria’s government plans to sell its ownership of the Abuja Securities & Commodities Exchange by the middle of the year after missing an initial deadline in a plan to revive trading. “The government wants to privatize the only commodity exchange and it had committed to doing it by the end of last year,” Securities and Exchange Commission Director General Arunma... Read more »
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