This has shown investors can be assured that the regulators have been sufficiently empowered to deal with malpractices that undermine confidence in the market.
This was stated by the chairman, House of Representatives Committee on Capital Markets and Institutions, Hon. Babangida Ibrahim during an interview in Abuja.
Ibrahim stated that, foreign investors and market participants will also be attracted to the Nigerian market because they will have comfort in the fact that the Bill seeks to mirror standard investor-protective provisions and practices in advanced jurisdictions, which the foreign participants are already familiar with.