Succor may have come the way of investors on the Nigerian Stock Exchange (NSE), as the Securities and Exchange Commission (SEC) and FSD Africa, at the weekend, sealed a 450,000 euro deal, aimed at strengthening the regulatory structure and investment protection function of the commission. The deal is expected to assist SEC to fund an institutional capacity audit, towards identifying strengths and areas of improvement in its operations, as well as provide support to implement recommendations. At the signing ceremony held at the British Deputy High Commission, Lagos, at the weekend, the Deputy High Commissioner, Ms Laure Beaufils, said for the nation’s capital market to attract the much-sought investment and boost investors’ confidence, there is a need to establish strong regulations of international standards. Read More:
Category: Daily Market Report