Digital Platforms Will Support Financial Inclusion – SEC
The Securities and Exchange Commission has stated that it recognizes the importance of digital platforms for democratizing access to capital market products and services for greater financial inclusion in the capital market.
This was stated by Director General of the SEC Mr. Lamido Yuguda who was represented by the Executive Commissioner Legal and Enforcement Mr. Reginald Karawusa at a webinar organised by the Commission with the theme “Digital platforms: New Frontier for capital Market inclusion”.
Yuguda said, “As the apex regulator of the Nigerian capital market, with a dual mandate to regulate and develop the market we recognize that the greatest asset of any capital market and indeed any financial market is its investors. It is investors, whether retail or institutional that provide the savings needed for productive investments. Inclusion of the excluded population is therefore critical for deepening a sustainable capital market.