This is in line with a new a Memorandum of Understanding signed by the two agencies on Monday in Abuja to foster a mutually beneficial engagement and seamless operation of their mandates.
Section 105 of the FCCPA, which deals with the Designation of regulated industries, give the FCCPC “precedence over and above” other relevant government agencies “in matters or conducts which affect competition and consumer protection.” On Monday, the SEC said in a statement in Abuja that it had negotiated and concluded an MoU with the FCCPC to establish a more structured collaborative working framework.What Islamic finance products can do to Nigeria’s capital market, infrastructural growth
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