Acting Director General of the
Securities and Exchange Commission (SEC) Mournir Gwarzo has again emphasized on
investors’ education both for retail and institutional to develop the market
and improve the level of investment from the domestic side in the country.
Gwarzo who spoke in Abuja when he
received members of the Fund Managers Association of Nigeria (FMAN) Monday,
disclosed that one of the strategies of the new management is to embark on huge
public enlightenment programme with other stakeholders to educate the investing
public.
Michael Adebola, President of Fund
Managers Association of Nigeria (FMAN) disclosed that Nigerians need to have a
lot of understanding about what mutual funds is all about adding that the
enlightenment will assist to boost the industry.
He promised that the association would
work with the SEC on enlightenment of the investing public which he believes
would translate into a bigger fund market in the country.
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