Innovative financial instruments have the power to unlock new opportunities, foster growth, and address pressing socio-economic challenges, Director General of the Securities and Exchange Commission, Dr Emomotimi Agama, said.
The SEC DG, who stated this in an interview at the weekend, said achieving sustainable development through the revolutionisation of the Nigerian capital market hinges on fostering innovative investment mechanisms, adding that without such advancements, realising substantial economic growth and progress would be a formidable challenge.
“The world of financial instruments is constantly evolving, presenting both opportunities and challenges, and Nigeria must seize the opportunities presented by these advancements. Embracing technology, therefore, is paramount. Agama urged stakeholders in the capital market not only to embrace innovation but also to ensure that it is guided by the principles of sustainability, inclusivity, and ethical conduct.
According to him, as the regulatory authority entrusted with safeguarding the integrity and stability of the capital market, the commission must strive to foster an environment that nurtures innovation while upholding the highest standards of transparency, integrity, and investor protection.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Capital Market: SEC Urges stakeholders to embrace innovationThe Director General of the Securities and Exchange Commission,SEC, Dr. Emomotimi Agama, has emphasized the importance of innovative financial instruments in achieving sustainable development in Nigeria.
Read more »
Tinubu directs Ahmadu to resign as BPP director-generalPresident Bola Tinubu has directed the Director-General/CEO of the Bureau of Public Procurement (BPP), Mamman Ahmadu, to resign.
Read more »
Tinubu sacks BPP Director-General, orders agency’s reorganisationThe director-general is to hand over to the most senior officer in the bureau, a presidential aide said.
Read more »
Ondo Guber: NNPP candidate, Edema, appoints Alaba as campaign Organisation’s Director-GeneralThe gubernatorial candidate of the New Nigeria People’s Party (NNPP), in Ondo state, Hon Olugbenga Edema, has appointed Adeyemi Adegoke Alaba as the Director-General of the NNPP campaign organisation in the state.
Read more »
NBC, Information Minister launch Audience Measurement SystemDirector General of National Broadcasting Commission (NBC), Charles Ebuebu and Director General of the Advertising Regulatory Council
Read more »
3,000 Kwara youth farmers to benefit from incentives in Amana farm2feed initiativeThe Director-General, National Institute for Legislative and Democratic Studies (NILDS), Prof. Abubakar Sulaimon has hinted
Read more »