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By Ndubuisi Francis
The Securities and Exchange Commission (SEC) and Financial Sector Deepening (FSD) Africa have commenced a joint review of Nigeria’s 10-year Capital Market Master Plan (CMMP) to support the nation’s economic resilience amid new economic challenges including lower oil prices and the COVID-19 pandemic.
The review of the CMMP will see SEC Nigeria working with FSD Africa’s Regulator Support Programme to develop a revised 10-year CMMP to strengthen Nigeria’s capital market and capacity for capital mobilisation.
The CMMP provides a vision for Nigeria’s capital market as well as a roadmap with objectives to meet it.
By Etuka Sunday
The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa have today announced the start of a joint review of Nigeria’s 10-year Capital Markets Master Plan (CMMP) to support the country’s economic resilience amid new economic challenges including lower oil prices and the COVID-19 pandemic. The review of the CMMP will see SEC Nigeria work with FSD Africa’s Regulator Support Programme to develop a revised 10-year CMMP that will strengthen Nigeria’s capital markets’ and their capacity for capital mobilization. The CMMP provides a vision for Nigeria’s capital market, as well as a roadmap with objectives to meet it.
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The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa have announced the start of a joint review of Nigeria’s 10-year Capital Markets Master Plan (CMMP) to support the country’s economic resilience amid new economic challenges including lower oil prices and the COVID-19 pandemic.
The review of the CMMP will see SEC Nigeria work with FSD Africa’s Regulator Support Programme to develop a revised 10-year CMMP that will strengthen Nigeria’s capital markets’ and their capacity for capital mobilisation. The CMMP provides a vision for Nigeria’s capital market, as well as a roadmap with objectives to meet it.
COVID-19: SEC begins review of 10-year capital market masterplan
On
By Michael Eboh
The Securities and Exchange Commission, Nigeria, SEC, Thursday, said it has commenced a joint-review of Nigeria’s 10-year Capital Markets Master Plan, CMMP, with Financial Sector Deepening, FSD, Africa, to reflect current realities, such as the impact of the COVID-19 pandemic and dwindling crude oil prices.
In a statement in Abuja, SEC stated that the review became necessary, in view of the need to support the country’s economic resilience amid new economic challenges, as presented by lower oil prices and the COVID-19 pandemic.
According to the capital market regulator, the review of the CMMP would see it work with FSD Africa’s Regulator Support Programme to develop a revised 10-year CMMP that would strengthen Nigeria’s capital markets’ and their capacity for capital mobilization.