The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama is set to outline the vision for the Nigerian capital market at the Second Capital Market Committee (CMC) Meeting.

According to Agama, this aligns with President Bola Tinubu’s Renewed Hope Agenda. The meeting scheduled to hold on August 14, 2024, in Lagos, aims to develop strategies for enhancing the capital market’s role in driving economic growth and development through initiatives that attract investments, improve market efficiency, and safeguard investor interests.

“This meeting represents a crucial step in shaping the future of our capital market. We are committed to fostering an investment climate that embraces innovation and sustainability while protecting investors,” the statement said.

Agama noted that the meeting will draw CEOs from all registered capital market firms, including broker/dealers, investment advisers, custodians, fund/portfolio managers among others to discuss the industry’s current landscape, regulatory framework, and strategies for future growth.

Participants will exchange ideas and reaffirm their commitment to fostering a robust investment climate characterized by innovation, sustainability, and investor protection.

The Capital Market Committee, an industry-wide body including the SEC and other market operators, serves as a platform for dialogue and collaboration.

“This meeting is an opportunity for us to discuss key issues impacting market organization and future development,” said a representative from the SEC. “Our goal is to ensure a dynamic and innovative capital market that meets the needs of all stakeholders,” the statement added.