Business A.M
No Result
View All Result
Tuesday, February 17, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Capital Markets

Capital market key to national development – New SEC chairman  

by Admin
July 4, 2019
in Capital Markets, Finance

By Tola Akinmutimi

 

 

Olufemi Lijadu, the newly appointed chairman of the board of the Securities and Exchange Commission (SEC) on Thursday described the capital market as one of the strongest channels of attracting funds for national development agenda.

He made the remarks during the maiden meeting of the new board with members of staff of the commission in Abuja, Thursday, charging the staff of the capital market regulatory institution to do their best to achieve this objective.

He said: “Everyone is aware of the very important roles capital markets play. We need to attract investments to develop our country and each one of you play a critical role in that regard.

“We are happy to be here and we are going to enable you do your well so that together we can find solutions to our challenges. We are going to learn, brainstorm and work together to move the capital market forward”.

He said the nation needs investments in order to be able to attain its developmental goals, adding that the capital market plays a huge role in that respect, he, therefore, urged the staff of the Commission to work with the board to achieve this.

“We need to see how we can move forward to have a more orderly market, a market that is fair and transparent and can attract investments to build Nigeria. We need a market that is attractive to investors, both local and foreign.

“We aspire to have a capital market where the rules are enforced and where the public who invests are all protected. We need to reinforce public trust. I, therefore, enjoin everyone to help us towards building a capital market that this country deserves”, the chairman added.

Lijadu assured that the board members would work vigorously with the management to build a capital market that will operate on global best practices Nigerians.

He recalled that there had been incredible progress in the nation’s capital market in the last 20 years, pointing out that there is an urgent need now to move fast leveraging on technology in order to make the bourse among the best globally.

Lijadu, who thanked the staff for the reception of the new board members, promised that the board would be guided by the knowledge, capacity and ability of staff to proffer solutions in making the Capital Market one of the best in the world.

In his comments,  Musa Dakup, who represented the chairman Association of Senior Civil Servants of Nigeria (ASCSN), SEC branch, Comrade Nelson Oleghe pledged the support and commitment of all staff to the realization of the objectives set by the new board.

Admin
Admin
Previous Post

NNPC pays ExxonMobil Nigeria affiliate $833.57m final cash-call arrears, three years ahead of repayment plan

Next Post

NSE waives number of shareholders requirement for Airtel to list

Next Post

NSE waives number of shareholders requirement for Airtel to list

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

NAICOM releases operational guidelines for insurtech firms, effective August 1

NAICOM aligns insurance reform with Nigeria’s $1tn economic vision 

February 17, 2026
Insurers urged to lead climate risk prevention as losses mount

Agricultural insurance gap opens new frontier for capital in emerging climate markets

February 17, 2026
NCC, CBN introduce instant refunds for failed airtime and data

NCC moves to modernise 26-year-old telecom policy

February 17, 2026
Global market expansion positions snail farming as new export opportunity

Global market expansion positions snail farming as new export opportunity

February 17, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

NAICOM releases operational guidelines for insurtech firms, effective August 1

NAICOM aligns insurance reform with Nigeria’s $1tn economic vision 

February 17, 2026
Insurers urged to lead climate risk prevention as losses mount

Agricultural insurance gap opens new frontier for capital in emerging climate markets

February 17, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M