The 28th annual conference of the Chartered Institute of Stockbrokers themed, ‘Capital Market as a Catalyst for the $1tn Economy’ is currently on going in Ibadan, Oyo State. The conference is scheduled to hold from Thursday, November 7 to Friday November 8, 2024.
Speaking at the conference on Thursday, Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama challenged stockbrokers and other capital market stakeholders to harness the full potential of the Nigerian capital market. According to the SEC DG, the capital market is not only a platform for raising funds but also a vital engine for wealth creation, economic diversification, and infrastructure development.
Agama stated thus:
“This conference provides an opportunity to identify and address key barriers that have hindered optimal capital market performance, such as regulatory challenges, market liquidity, and investor confidence. Additionally, the role of technological innovations in the market cannot be overstated. Embracing fintech solutions, blockchain, and digital assets will further enhance market efficiency and transparency.
“The success of the $1tn economy vision largely depends on the collective efforts of all stakeholders in the financial ecosystem. By fostering collaboration between regulators, market operators, and policymakers, we can create a more resilient and inclusive market.”