SEC reaffirms commitment to inclusive financial services for investors

The Securities and Exchange Commission (SEC) has reaffirmed its commitment to ensure investors get equitable access to financial services, investment opportunities.
A statement by SEC said the commission’s executive commissioner, Corporate Services, Samiya Usman, made the commitment on Sunday.
Ms Usman said the commission’s dedication to fostering an inclusive financial ecosystem that empowered women across all sectors was unquestionable.
She said that over the years, SEC had taken deliberate steps to ensure that the country’s capital market fostered inclusivity and catered to the unique financial needs of women.
”A financially empowered woman is an empowered household and an empowered household is the bedrock of a prosperous economy.
”Through policy advocacy, regulatory frameworks, and partnerships, we continue to encourage the development of women-focused financial products and services.
”I am pleased to highlight that some of our capital market operators have heeded this call by designing tailored investment solutions.
“A notable example is United Capital’s Women Wealth for Women Fund, which seek to empower women with wealth creation opportunities.
”Similarly, within the commodities market, innovative financial products have been structured to enhance women’s participation in agribusiness, an area where many Nigerian women play a critical role,” she said.
Ms Usman said the commission had actively promoted investor education for women, through webinars, reaching market women, Small and Medium Enterprises and women-led businesses through targeted financial literacy programmes.
She said that in spite of the progress made, several barriers still hindered women’s participation in the financial sector ranging from cultural limitations to financial literacy gaps, inadequate access to credit, among others.
The executive commissioner urged stakeholders to work collectively to dismantle the barriers.
Ms Usman said SEC was committed to strengthening collaboration with stakeholders to drive more gender-focused financial inclusion policies, encouraging financial institutions and market operators to introduce more products tailored to the unique needs of women.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
Court dismisses Bayelsa traditional ruler’s suit against Shell
The Federal High Court in Yenagoa, Bayelsa State, dismissed a suit challenging the divestment of Shell Petroleum Development Company Nigeria Limited from onshore assets.

States
Freed kidnap victims revealed terrorist losses in North-West operations: Army
The army said the victims told troops they were released after sustained military pressure weakened their captors operating from the Rijana forest.

Heading 4
Trump accuses China of interfering in 2020 election to help Biden win
Mr Trump said China meddled in the 2020 election and that Beijing helped former President Joe Biden win.

Agriculture
FG establishes mega farms in four states
He said NALDA targets establishing mega farm estates across the six geopolitical zones to address challenges affecting agricultural production and create modern farming communities.

World
Russian jailed 13 years for smuggling aircraft parts to Ukraine
The FSB said the man intended to deliver the spare parts to a key enterprise that maintains military aircraft and helicopters for the Ukrainian forces.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
States
Kogi School Abduction: We will never negotiate with criminals, Gov. Ododo says
“Let me reiterate that we will never negotiate with criminals. We will never pay ransom. We will rid Kogi of criminals,” Mr Ododo said.





