I’ll Restore Confidence In Capital Market -Onyiuke


Prof. Ndi Okereke-Onyiuke, the Director-General, Nigerian Stock Exchange (NSE), on Monday said her administration would restore confidence in the nation’s capital market.

Okereke-Onyiuke said this in Lagos while receiving representatives of the U.S Securities and Exchange Commission (SEC) who were on a familiarisation visit to the Exchange.

She reiterated NSE’s commitment to ensuring better surveillance of the operations and development of the nation’s capital market.

The director-general said the visit provided a visitors on how to strengthen the regulation and surveillance of the Nigerian market.

“We are very happy to receive the U.S SEC. From the little interaction we had this morning, we have learnt a lot.

“They have also gotten more information on our market and we believe that by the end of their one-week stay, the Nigerian SEC will be much better.

“ We also believe that they have opened the door for us to have access and dialogue with them on how to strengthen the regulation and surveillance of our market.

“ Not only regulation, the market has to be developed to be able to be regulated.

“ We know that the one week they will be here will be very useful to the capital market,” she said.

The director-general also commended the stockbrokers for their commitment to the growth of the market.