SEC Wants Govt Companies Listed On NSE

SEC Wants Govt Companies Listed On NSE

The Securities and Exchange Commission has said it wants government-owned companies to be listed on the Nigerian Stock Exchange.

The Acting Director General, Securities and Exchange Commission, Ms Mary Uduk, during a courtesy visit from the Senate Committee on Capital Market to Securities and Exchange Commission, commended the senators on the efforts made so far in ensuring adequate legislation for the capital market.

She appealed to the lawmakers to assist in ensuring that government-owned companies get listed on the exchange, saying it would boost investors’ confidence as well as attract investments from foreigners.

The Deputy Chairman, Senate Committee on Capital Market, Mr Foster Ogola, stated that the committee was willing to encourage legislation that would improve investments in the capital market by ensuring that the regulator was able to perform its responsibilities efficiently.

He said the Senate was determined to make laws that would encourage new listings as well as help to revamp the capital market and make it more vibrant.



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