Nigeria’s Securities And Exchange Commission, AfDB Sign $460K Capital Market Surveillance Deal

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The African Development Bank (AfDB) Group and the Securities and Exchange Commission (SEC); have announced the signing of a $460,000 agreement to support the acquisition; installation and deployment of an automated surveillance system to protect the capital market.

This disclose in a statement by Mr Lamin Barrow, the Director-General, Nigeria Country Department of the AfDB Group.

AfDB said the grant will protect the securities market’s integrity and boost investors’ confidence.

-Nairametrics

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