Derivatives: SEC Partners Korea For Development Of Market In Nigeria - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
June 19, 2019
The Securities and Exchange Commission has partneredthe government of the Republic of Korea for creation of more investible productsto enhance liquidity in Nigerian capital market.
SEC Acting Director-General, Mary Uduk, stated thison Wednesday at the Final Reporting Workshop and High Level Policy Dialogue forthe “Knowledge Sharing Programme between the Republic of Korea and Nigeria inLagos.
Uduk said that the partnership between thecommission and Korea’s Ministry of Economy and Finance was the first bi-lateralpolicy consultation between the two countries.
He said that the partnership would boost thedevelopment of financial derivatives market in Nigeria.
In his remarks, Korean Ambassador to Nigeria, MrIntae Lee, expressed excitement at some promising signs he had seen on how theSEC and the NSE were working hard to drive the derivatives financial productsmarket in various sectors.