The Central Bank of Nigeria (CBN) has called for a rule-based financial system, compliance, and support for the country’s economy to gain stability.
This came from the CBN Governor Godwin Emefiele at the 2018 Financial Markets Conference in Lagos.
According to Emefiele, “the Nigerian capital market is not left out in terms of reforms to enhance market performance.
“Take for instance, since the aftermath of the effect of the global financial crisis on the capital market, the apex regulator in the capital market has stepped-up its surveillance activities and initiated different programmes.
“The 10-year capital market master plan initiated by the Securities and Exchange Commission (SEC) is the current overarching capital market development and reform plan covering the overall capital market, non-interest financial products and capital market literacy.”