Market Review: Why SEC Nigeria should Rethink its Strategy on Investor Education
This edition of the "Market Review" features Mr. Ambrose Omordion the CEO of InvestData as he speaks on the plans of the Securities and Exchange Commission (SEC), Nigeria to revisit its "10 year Capital Market Masterplan".
According to him it is a welcome development and presents an opportunity for the regulator, to rethink its strategy on investor education in Nigeria.
According to him, it was time for the Nigerian capital market to leverage technology to woo millennials who are currently operating in global markets and trading products like cryptocurrency.
He decried the fact that despite having over 150 stockbroking firms in the market, the participation of investors is still around 1-2% of the entire population.