Nigeria’ll Be Among World’s Most Liquid Capital Markets By 2025- SEC
The Securities and Exchange Commission, (SEC), on Monday in Abuja restated its commitment to ensuring that the country’s Commodities Ecosystem becomes vibrant and contributes to economic development Acting Director-General of the SEC, Mary Uduk gave this assurance at the opening of a two-day capacity building programme on the commodities trading ecosystem for the staff of some federal ministries. Already, she said, the commission is collaborating with relevant stakeholders to implement the 10-year capital market master plan aimed at transforming Nigeria into one of the world’s most liquid capital markets and Africa’s largest economy by 2025. To achieve the target, however, she stressed the need for the Nigerian capital market to operate at an optimum level, even as the implementation of its 10-year master plan remains a priority. Ahead of that target, however, she underscored the need for a vibrant commodities ecosystem to enhance the diversification of Nigeria’s economy from ...