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Explore Opportunities In The Capital Market- SEC Advises Investors

Explore Opportunities In The Capital Market- SEC Advises Investors

Explore Opportunities In The Capital Market- SEC Advises Investors

Explore Opportunities In The Capital Market- SEC Advises Investors

In order to expand their enterprises, generate money, and raise their standard of living, investors in Nigeria have been advised to investigate the many options present in the capital market.

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This was said by Mr. Lamido Yuguda, director general of the Securities and Exchange Commission, at the inaugural Gombe State Investment Summit, which was held in the state capital on Wednesday and had as its theme “Industrialization: The Pathway to Innovation, Transformation, and Development of Gombe.”

The SEC DG disclosed that the capital market can play an enormous role in the growth of businesses as they could approach the market for primary offers as well as the secondary market, which smaller companies can also access due to the less stringent disclosure requirements.  

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What The Regulator Is Saying 

  • The capital market is available to provide funding to businesses. With crowdfunding, a small business can raise money based on certain principles as the SEC has approved this to happen for a certain number of investors and a certain amount at a time.

  • “There are also huge opportunities available for businesses, especially agro-allied businesses. They can use the commodities market to access high-caliber customers that require Agric produce in large quantities. We have licensed six commodities exchanges in Nigeria and they are very active”

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  • Yuguda expressed delight that the private sector has ventured into areas like railways, power, and communication among others that were hitherto dominated by the government.

Explore Opportunities In The Capital Market- SEC Advises Investors

  • “Before now, the government mainly provided a lot of these infrastructures and services, but today we can see the private sector taking over while the government provides the necessary regulatory oversight” he stated.

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  • Yuguda commended the state government on the resuscitation of the state-owned Gombe State Investment and Property Development Company Limited to serve as a one-stop shop for all investment-related issues in order to facilitate ease of doing business, adding that small firms can be prepared to access the capital market by such outfits.

  • He, therefore, expressed the commitment of the commission to working with the state government and other stakeholders to create the necessary awareness.

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