The Securities and Exchange Commission (SEC) Nigeria is to collaborate with the Nigeria Bar Association (NBA) to set up a standing committee as a means to working together for the development of Nigeria’s capital market.
Announcing this when the President of the NBA, Augustine Alegeh (SAN) and some members of his executive paid a courtesy call on her in Abuja, Director General of the SEC, Arunma Oteh said the partnership is essential for the two organizations and the country in general to drive the present administration’s transformation agenda.
Oteh said Nigeria’s capital market has had big issues that have affected the integrity of the market, saying that the timing is perfect for the SEC and the NBA to look at ways of collaborating in the interest of investors and the country’s economic development.
The DG however commended the NBA for being partners in the development of the capital market in Nigeria adding that the Commission is committed to raising financially literate citizens in the country.
Speaking earlier, the NBA President, Augustine Alegeh (SAN) expressed the interest of the NBA in working with the SEC in several areas in a bid to improve the country’s economic development.
Already, he said the Association has set up a committee on legislative advocacy which offers services free of charge, to ensure that proper laws are in place no matter whose ox is gored.
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