Nigeria’s capital market operators have largely thrown their weight behind the Securities and Exchange Commission’s sweeping decision to raise minimum capital requirements across the industry, describing the move as overdue, well-telegraphed and central to restoring confidence in a market expected to play a critical role in President Bola Tinubu’s push for a $1 trillion economy. [...]The post SEC’s Capital Overhaul Wins Industry Backing as Operators See Stronger Market, Not a Shakeout appeared first on Tekedia.
SEC’s Capital Overhaul Wins Industry Backing as Operators See Stronger Market, Not a Shakeout