The Securities and Exchange Commission (SEC) rang the bell for financial literacy on the Nigerian Exchange Group’s digital closing gong platform in commemoration of World Investor Week (WIW) 2021.
In his opening remarks, the Divisional Head, Listings Business, NGX, Olu Bolumole, said: “NGX is pleased to join the apex regulator of the Nigerian capital market, the SEC and all securities exchanges in Nigeria to “Ring the Bell for Financial Literacy” in honour of SEC’s commemoration of the 2021 World Investor Week.”
He argued that “Financial literacy and inclusion remain a top priority for us at NGX and we continue to make it a priority to contribute our quota towards the achievement of key targets of Nigeria’s National Financial Inclusion Strategy through initiatives that encourage the wider investing public to develop investment habits.”
He added that as the sustainable exchange championing Africa’s growth, NGX is pleased to support the SEC on this laudable initiative.
The theme of this year’s World Investor Week is timely given the spate of fraudulent schemes being attempted in the market today.
On his part the Director-General, SEC, Lamido Yuguda, represented by his Executive Commissioner, Operations, Dayo Obisan, thanked NGX and the entire capital market community for providing the platform and supporting the SEC in its efforts to build a safe and vibrant capital market.
He further stated, “The theme of this year’s World Investor Week is timely given the spate of fraudulent schemes being attempted in the market today. At SEC, we continue to collaborate with stakeholders to educate the public and raise the necessary awareness to ensure investors can indeed protect themselves.”
Recall that NGX commemorated World Investor Week from October 4 – 10, by implementing a number of activities including hosting a free webinar and an Instagram Live session on how retail investors can take advantage of the opportunities in the capital market and make sustainable investing.
Its activities culminated in a virtual Ring the Bell for Financial Literacy with Co-Founder and Chief Operating Officer, PiggyVest, Odunayo Eweniyi.