The Director-General, Securities and Exchange Commission, Mr. Lamido Yuguda in this interview at the recently concluded first quarter Capital Market Committee (CMC) meeting disclosed that e-Dividend portal will be automated by third quarter of 2022, stressing that the capital market regulating body is working with NIBSS to ensure the EDMMS process is completed. Kayode Tokede presents the excerpts
The CMC Meeting was recently held. What are some of the highlights from the meeting?
The Nigerian capital market community held its first Capital Market Committee (CMC) meeting for the year was recently held. The webinar provided a platform for interface amongst capital market stakeholders. Issues germane to the development and orderly conduct of the capital market were extensively discussed.
Participants included the Executive Management of the Commission, Heads of Technical Committees and working groups, Heads of market infrastructure and Observer groups. The meeting provided an update on the recent performance of the Nigerian economy and the capital market, including key activities of all the Exchanges.
Some of the major milestones achieved from the last CMC meeting that were highlighted are the successful conclusion of the extensive review of the ISA 2007 with a view to passing the Investments and Securities Bill 2021 into law in 2022 and review of the Nigerian Capital Market Masterplan, which the SEC will in…
