AfDB, SEC sign $460,000 grant for market surveillance project | The Guardian Nigeria News - Nigeria and World News

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Determined to modernise Nigeria’s capital markets and ensure that it is well positioned to support economic transformation driven by private sector investment, the Securities and Exchange Commission and the African Development Bank Group have signed an agreement for a grant on market surveillance system project.

The grant, valued at $460,000, is to finance technical assistance and capacity building for capital market development under the “Nigeria Securities Market Surveillance System Project”.

According to Barrow, “Today’s ceremony marks yet another important milestone in our partnership and efforts to modernize Nigeria’s capital markets and ensure that it is well positioned to support economic transformation driven by private sector investment.

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