Senators back investments and Securities Bill 2024 to transform capital market - Tellbrief.com

Senators back investments and Securities Bill 2024 to transform capital market

Lawmakers in the Nigerian Senate overwhelmingly gave their support for the Investments and Securities Bill, 2024 (SB. As Nigeria seeks to bolster its capital market and promote economic diversification, the Investments and Securities Bill, 2024 represents a significant step towards achieving a more transparent, efficient, and robust financial system.

Leading the debate, Senator Opeyemi Bamidele, the Senate Leader, noted the bill’s comprehensive structure and its potential to revolutionize Nigeria’s capital market. Senator Mohammed Ademo Aliero echoed these sentiments, asserting that the bill is crucial for restoring investor confidence in the capital market, which has been marred by fraudulent practices.

He expressed confidence that the bill would enhance the capacity of the capital market and improve the overall financial landscape...

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