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Nigeria's SEC Unveils Market Reforms to Boost Efficiency and Investor Confidence

Business1 min read
Nigeria's SEC Unveils Market Reforms to Boost Efficiency and Investor Confidence

The Securities and Exchange Commission (SEC) in Nigeria has introduced broad market reforms, led by Director General Emomotimi Agama, to enhance market efficiency and deepen investor confidence. The reforms include transitioning to T+1 settlement, upgrading Nigeria's sovereign credit rating, and boosting investor confidence.

Despite facing challenges like a significant market decline in November, Nigeria's capital market has shown resilience with strong capital raising activities and sustained confidence in the regulatory framework.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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