“Every person, who has come to the capital market and invested money, should be able to get his dividends.”
Mr Yuguda restated the role the capital market played in the development of any country through the provision of long term funds.
The director-general said that steps were being taken to reverse the fortunes of the apex regulator of the capital market.
Sukuk and Green bonds gained prominence as some of the safest investment portfolios in the last three years.
This became an issue after the introduction of BVN because BVN is tied to only one name.
SEC has proposed a N10 million registration fee for issuing houses, underwriters and fund managers from the current N500,000.
”Despite this challenge, the NSE All-Share Index was adjudged by Bloomberg as the best performing index in 2020.”
The fund is expected to simulate capital market development to unlock financial resources for productive sector investments.
