Monday, October 09, 2017 8.00am/Proshare
The first ever World Investor Week designed by
the International Organization of Securities Councils (IOSCO), was marked by
the 115 member countries across the globe last week (October 2-8th,2017).
In Nigeria a member of IOSCO, the Securities and Exchange Commission of Nigeria
organized an investor clinic session, to engage stakeholders in the market
ecosystem in Lagos.
It brought together shareholders, stockbrokers, regulators, capital market
correspondents and analysts.
The Director, Market Development SEC Nigeria Dr Henry Rowland who represented
the Director-General said the investor clinic was designed to promote investor
education and protection in the country.
Dr Rowland said during the week, SEC Nigeria organized a financial inclusion
awareness programme in Abuja, where it engaged 300 market women, artisans,
teachers and entrepreneurs.
He said SEC Nigeria also visited the University of Abuja, to interact with the
academia and students sensitizing them on the capital market, investment rights
According to him "The Market women leaders committed to mobilizing their
colleagues to access the Collective Investment Scheme in Nigeria".
The SEC Nigeria Director also noted that the sensitization programme created
more awareness and interest in the e-dividend registration.
At the investor clinic shareholder group leaders commended SEC Nigeria on its
efforts in driving capital market development in the country.
They called for caution on the total electronification of annual reports,
demanded dynamic efforts from Registrars to improve the e-dividend process,
asked for effective management of the unclaimed dividend issues and a review of
the decision that the Chairperson of Audit Committees must be Chartered
Stakeholders in their remarks called for an integration of the generation
X and the women into the investment space, with increased products that
will attract them to the capital market.
Mr Tunde Kamali Deputy Director, International
Relations, SEC Nigeria also shared with stakeholders the key focus of the
10-year Capital Market Masterplan, which is focused on Transformation
imperative for the market, Driving capital raising for economic priorities,
Aligning capital market to needs of the economy and Improving competitiveness.
Key players in the capital market who attended the SEC
Nigeria 2017 World Investor Week clinic include; Mr Bola Ajomale, MD NASD OTC,
Mr Akin Akeredolu-Ale Vice-President, ASHON, Mr Bola Adeeko, Ag MD/CEO CSCS
Plc, Dr David Ogogo, Registrar/CEO, ICMR and notable shareholder group leaders
like Sir Sunny Nwosu, Mr Boniface Okezie and Chief Timothy Adesiyan.
1. SEC Nigeria joins IOSCO, to
Celebrate World Investor Week 2017
2. SEC Nigeria partners NERDC to
develop curriculum for capital market studies in Nigeria
3. SEC to launch Market
Development Fund, with N5ml seed capital
4. Exposure of Proposed New Rule
and Sundry Amendments to the Rules and Regulations of SEC Nigeria
5. SEC Nigeria informs the public
of its inability to go ahead with its BGL proceedings
6. SEC Nigeria Signs MoU with CMC