Stock Market

SEC Urges Stockbrokers on $1tr Economy

The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has urged stockbrokers and stakeholders in Nigeria’s capital market to fully utilize the market’s potential in fostering a prosperous and sustainable economy.

Speaking at the 28th annual conference of the Chartered Institute of Stockbrokers (CIS) in Ibadan, Oyo State, Agama noted the capital market’s role as a driver of economic diversification, industrial growth, and technological progress.

According to a SEC statement, Agama stated that Nigeria’s capital market is not only a platform for raising funds but a vital engine for wealth creation and infrastructure development.

By channeling resources into productive sectors, the capital market can support the nation’s journey towards a $1.0 trillion economy, he explained.

The conference had: “Capital Market as a Catalyst for the $1.0 Trillion Economy” as them and had stockbrokers and financial experts that came to discuss strategies for enhancing the market’s role in Nigeria’s economic growth.

Agama also commended the CIS for its dedication to professional development, highlighting that the conference equips market players with essential knowledge to drive Nigeria’s economy forward.

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