This, the commission said, has resulted in an improved level of compliance with filing of prudential returns rising to 96 per cent in 2022 compared with 81 per cent in 2021.
Director-general of SEC, Mr. Lamido Yuguda, who stated this during an interview, described it as a welcome development given the commission’s quest to pursue a capital market that is based on the principles of increased transparency, efficiency and global competitiveness.
He described year 2022 as another eventful year in which the commission continued its implementation of sound initiatives that are expected to bring about the much desired market development that would not only deepen the market but also ensure the continued protection of investors.
