Nigeria’s Assets Under Management increased from N3.2 trillion to N10 trillion within the last two years, the Securities and Exchange Commission has said.
The initiative was designed to sensitise young Nigerians to the risks of fraudulent investment schemes and promote sound, legitimate investment practices.
Emomotimi Agama, SEC director-general, says the renewed Capital Market Master Plan will align closely with Nigeria’s National Development Plan.
Mr Agama disclosed this during a colloquium at Godfrey Okoye University on Wednesday.
He said modern, inclusive, and resilient capital markets rely on digitisation, ethics, and sustainability.
The director-general said human engagement was also central to building trust in the market.
The director-general said that financial independence was central to dignity and prosperity.
According to him, CIoD recognises the importance of continuous engagement with stakeholders.
He stated this on Wednesday in Kaduna at the Nigerian Defence Academy’s (NDA) 23rd Convocation Lecture.
Mr Babafemi said that 452,070 pills of opioids were recovered from the home of another suspect, at Rangaza, Ungogo, now on the run.
