The capital market has taken a major step forward with the shift to a T+1 settlement cycle, a reform expected to speed up trading and align it more closely with global practice.
The council stated in the guideline that the country should aim at building a secure, regulated, transparent, open, dynamic and resilient capital market.
SEC and PenCom have agreed to collaborate on deepening the commodities sector.
The CBN’s Monetary Policy Committee had increased the MPR by 250 basis points at its last two meetings.
Mr Yuguda said unclaimed dividends as of 2021 stood at N177 billion, which was higher than the 2020 figure of N168 billion.
Sukuk and Green bonds gained prominence as some of the safest investment portfolios in the last three years.
“The NBS report has a number of lessons. The first is that the Nigerian economy can actually survive without the oil sector.”
