SEC leverages NGX digital closing gong ceremony to commemorate World Investor Week

The SEC DG stated that as the Year 2022 commences, the Commission is confident that the results of the various initiatives implemented will begin to gradually manifest, spurring developments in many aspects of the market.

The Securities and Exchange Commission (SEC) rang the bell for financial literacy on the Nigerian Exchange Group’s digital closing gong platform on 22 November 2021 in commemoration of World Investor Week (WIW) 2021.

In delivering the opening remarks, Olumide Bolumole, Divisional Head, Listings Business, NGX, stated, “NGX is pleased to join the apex regulator of the Nigerian capital market, the SEC and all securities exchanges in Nigeria to “Ring the Bell for Financial Literacy” in honour of SEC’s commemoration of the 2021 World Investor Week. Financial literacy and inclusion remain a top priority for us at NGX and we continue to make it a priority to contribute our quota towards the achievement of key targets of Nigeria’s National Financial Inclusion Strategy through initiatives that encourage the wider investing public to develop investment habits. As the sustainable exchange championing Africa’s growth, we are, therefore, pleased to support the SEC on this laudable initiative.”

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On his part the Director-General, SEC, Lamido Yuguda represented by the Executive Commissioner, Operations, SEC, Dayo Obisan, thanked NGX and the entire capital market community for providing the platform and supporting the SEC in its efforts to build a safe and vibrant capital market. He further stated, “The theme of this year’s World Investor Week is timely given the spate of fraudulent schemes being attempted in the market today. At SEC, we continue to collaborate with stakeholders to educate the public and raise the necessary awareness to ensure investors can indeed protect themselves.”

It would be recalled that NGX commemorated World Investor Week from 4 – 10 October 2021 by implementing a number of activities including hosting a free webinar and an Instagram Live session on how retail investors can take advantage of the opportunities in the capital market and make sustainable investing. Its activities culminated in a virtual Ring the Bell for Financial Literacy with Co-Founder and Chief Operating Officer, PiggyVest, Odunayo Eweniyi.

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By Iheanyi Nwachukwu • November 23, 2021

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.