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SEC’s Capital Overhaul Wins Industry Backing as Operators See Stronger Market, Not a Shakeout

SEC’s Capital Overhaul Wins Industry Backing as Operators See Stronger Market, Not a Shakeout

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.

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