CAPITAL MARKET: Nigeria To Launch Revised Master Plan

Munachimso
Munachimso

By Munachimso Obienyi

The Minister of Finance, Budget and National Planning, Zainab Ahmed is set to launch the revised Capital Market Master Plan (RCMMP) that is expected to be the roadmap for the capital market for the next few years.

This is also as the Securities and Exchange Commission (SEC) has scheduled to hold the Third Quarter Capital Market (Q3) Committee Meeting.

Both events are scheduled to hold on Thursday November 24, 2022 at the Lagos Continental Hotel.

The 10-Year Master Plan which was launched in 2014 is being revised to reflect the dynamism of the market and developments in financial technology, among others.

According to the Director General of the SEC, Lamido Yuguda, the revised Capital Market Master Plan 2015-2025 (RCMMP), developed by the SEC Nigeria in collaboration with stakeholders, captures the challenges of our capital market in actualizing its role to drive national economic growth and more importantly, provides a blueprint to harness these opportunities to better position the capital market as the engine of our economic growth and development

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