‘Senate to make laws to encourage new listings’


The Nigerian Senate has assured it is willing to make new laws that will encourage new listings on the Nigerian Stock Exchange (NSE).

The Senate also said it was willing to encourage legislation that would improve investment in the capital market by ensuring the regulator was able to perform its responsibilities efficiently.

This was disclosed by the Deputy Chairman, Senate Committee on Capital Market, Foster Ogola, in Abuja when members of the Capital Market Committee visited the Securities and Exchange Commission (SEC) head office as part of its oversight function.

Ogola stated that the senators were on oversight visit which was done periodically to look at what the commission was doing and see how the Senate could support the SEC in their work.

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