• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets

Capital market is working to develop products for younger generation -SEC

Chris Ugwu by Chris Ugwu
February 20, 2023
in Markets, Stock Market
Capital market to develop products for younger generation-SEC
Share on FacebookShare on TwitterShare on Linkedin

The Securities and Exchange Commission (SEC) has said that the capital market is working to develop products that would make the market attractive to the younger generation. 

The Director General of SEC, Mr Lamido Yuguda, disclosed this during an interview in Abuja and said it would help to further deepen the market.

Youths: Yuguda, who was represented, stated that this is one of the provisions made in the revised capital market plan in a bid to make further products available to the populace. He said:

RelatedStories

Mutual Funds

Money market investment drives growth as mutual funds attract N1.99 trillion in H1 2025 

July 19, 2025
SEC warns Nigerians against investing in Risevest and Stecs  

SEC warns Nigerians against ‘fraudulent ponzi scheme’ F&B 

July 16, 2025
  • “I must tell you that the demographic in our market is greying and it is a source of worry. That is one of the things we are covering in the Revised Capital market master plan. We are encouraging Capital Market operators to develop the technology. The youths do not want to come in and start filling out five-page forms because they want to access the market, they want to pick up their phones and make their investments.
  • “That is why we are improving our Know Your Customers; we are improving so many things to make it easier for them. That is why we are introducing these Fintechs. We are allowing these Fintechs to come because we see Fintech as an important gateway for youths to enter the market. We are conscious of that and we are working towards it,” he said.

Wealth creation: Yuguda said that the youths must understand that the capital market is a viable platform for wealth creation assuring them that the SEC and the market are working on how best to serve them.

  • “We are striving to improve the way we deliver our products, to improve market efficiency and to make the market attractive to them. Most importantly, we are doing all we can to ensure that investors are adequately protected in the market and that they are able to get the benefits of their investments” he stated.

Support for commodities market: He further stated that the SEC is working to ensure that the commodities market gets all the support required to grow and support the economy.

  • “We have about 6 commodities exchanges and we are doing a lot to bring them up to standard. We cannot say that we want to grow the agricultural part of our economy if we do not have a market to support it and that is what we are doing. That market is growing in leaps and bounds, so that is another achievement.
  • “We are beginning to see some results of these our efforts in that area. Before now, when we did not have this market, farmers were not able to get good price discovery for their products. Therefore, if you have a good commodities exchange, it helps price discovery and it helps credit to flow to the farmers,” he said.

Yuguda stated that because there is good price discovery, people can now ascertain what they can get if they farm a particular product within a particular period. That is what the value chain that the commodities segment of the market is opening up.

  • “You will soon start seeing it. It is happening but you know it is a new area, it is growing and it is an area we are proud of. it is growing in leaps and bounds; you can see the percentage growth that we have. But I must tell you, it is still a small market compared to the size of the Nigerian economy but then they said the journey of a thousand miles starts with a step and I can tell we have made many steps in that direction,” he said.

New securities products: He disclosed that the SEC has increased the number of products in the market as the market now has derivatives and also started to support the non-interest capital market.

  • “We are now getting issuances in the non-interest area and we are expanding the opportunities for everyone. We are also involved in integrating the capital markets across Africa and across the West African region too, we are a pacesetter there. We are also trying to expand what is available to people who are investors in Nigeria so these are things we have done. I am not saying that the SEC has done all that is possible to do but I know that we are on track” he added.

 


Follow us for Breaking News and Market Intelligence.
Tags: Mr. Lamido YugudaSecurities and Exchange Commission
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Related Posts

Mutual Funds
Exclusives

Money market investment drives growth as mutual funds attract N1.99 trillion in H1 2025 

July 19, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Legal & Regulations

SEC warns Nigerians against ‘fraudulent ponzi scheme’ F&B 

July 16, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Legal & Regulations

SEC warns Nigerians against Value Growth Platform, flags it as potential Ponzi scheme 

June 27, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Legal & Regulations

SEC warns against Zugacoin and Samzuga GPT, says they are not licensed in Nigeria 

June 18, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Cryptos

SEC to launch ‘Crypto Smart, Nigeria Strong’ initiative for stablecoin regulation 

June 16, 2025
SEC warns Nigerians against investing in Risevest and Stecs  
Legal & Regulations

SEC directs companies to pay dividends older than 12 years, clarifies Finance Act 2020 provisions 

June 10, 2025
Next Post
Presco financial statement, Presco shares on NSE

Presco: A tale of two halves

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • US imports $1.34 billion Nigerian crude oil in five months despite Trump tariffs
  • Nigeria’s public debt may hit N160.6 trillion by December as borrowing intensifies – Report 
  • Nigeria’s young workforce fuels surge in digital skills, GenAI learning – Coursera Report 

Follow us on social media:

Recent News

Latest crude oil price drop threatens Nigeria’s revenue and naira stability 

US imports $1.34 billion Nigerian crude oil in five months despite Trump tariffs

July 20, 2025
President Bola Tinubu,

Nigeria’s public debt may hit N160.6 trillion by December as borrowing intensifies – Report 

July 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics