The Securities and Exchange Commission (“SEC”) has said the capital market needs initiatives that will help attract and retain investments. The acting Director-General of SEC, Ms. Mary Uduk, while speaking at the launch of an investment book, urged stakeholders to continue taking positive steps that would attract both local and foreign investments to stimulate economic growth and develop critical infrastructure necessary for the country’s development. She said, “providing information to investors will enhance transparency in the Nigerian markets and improve our global reputation in the investment community. She noted that SEC as stakeholders (along with others) would work to attract and retain both local and foreign investments to stimulate economic growth and develop critical infrastructure necessary for Nigeria’s development.
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