SEC, capital market community hold Q1 meeting

The Securities and Exchange Commission (SEC) has disclosed that the Capital Market Committee (CMC) for the first quarter of 2024 is scheduled to meet virtually on Thursday, April 18, 2024, to discuss challenges, brainstorm ideas and make informed decisions about the progress of the Nigerian capital market.

SEC disclosed that there would be a presentation of updates on major achievements from the various technical committees such as Commodities Ecosystem Implementation Committee; E-Dividend and DCS; Financial Literacy and Non-Interest Capital Market FLTC driving the implementation processes of the Capital Market Master Plan.

CMC is an industry-wide committee comprising the SEC, representatives of capital market operators and trade groups and other stakeholders. The committee is a forum where stakeholders come together to engage in insightful discussions concerning the critical factors that impact the growth and functioning of the capital market, address the foremost concerns influencing the capital market and work together to shape its future.

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Expected participants at the CMC meeting include Chief Executive Officers (CEOs) of all registered capital market firms; CEO of Nigerian Exchange Group (NGX); National Association of Securities Dealers (NASD); FMDQ Group Plc; Africa Exchange Holdings (AFEX); Nigeria Commodity Exchange (NCX); Central Securities Clearing System (CSCS); as well as representatives of relevant financial sector regulatory agencies, among others.