Nigeria: SEC to collaborate with PenCom in deepening commodities sector
The Securities and Exchange Commission (SEC) has announced plans to collaborate with the National Pension Commission (PenCom) on areas that would assist in further deepening the commodities ecosystem.
Its Director-General, Mr Lamido Yuguda in a statement said this during a meeting between the commission’s management, the Lagos Futures and Commodities Exchange (LFCE) and PenCom held in Abuja.
Yuguda was represented by Mr Ibrahim Boyi, Executive Commissioner Corporate Services of SEC at the meeting.
The director-general noted that SEC was passionate about the commodities sector because it had enormous benefits for the economy of the nation.
“One of the key pillars of the capital market master plan is the development of the commodities ecosystem which gives our nation the opportunity to diversify both the capital market and the economy and also create more products.
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