SEC to boost market confidence at CMC meeting

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The virtual Capital Market Committee meeting for the first quarter of 2024, has been declared by the Securities and Exchange Commission of Nigeria.

The meeting which is to hold on April 18, will focused on addressing pressing challenges and brainstorming strategic ideas to advance the Nigerian capital market.

Securities and Exchange Commission, revealed this to the press on Monday.

It stressed  that the meeting would be based on critical issues affecting the market and ensure that those concerns are thoroughly addressed.

It added that market players would be given updates on significant accomplishments by various technical committees, including the Commodities Ecosystem Implementation Committee, E-Dividend and Direct Cash Settlement, Financial Literacy, and the Non-interest Capital Market Financial Literacy Technical Committee.

The CMC is an industry-wide body comprising the SEC, capital market operators, trade groups, and other stakeholders.

It serves as a pivotal platform for dialogue, facilitates the exchange of ideas, addresses key issues impacting market growth and organisation, and collaborates on shaping the market’s future.

The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.

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