Declining oil price, COVID-19 outbreak to affect Nigeria’s capital market – SEC

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The Acting Director-General of the Securities and Exchange Commission (SEC), Mary Uduk, says the global decline in oil prices and outbreak of coronavirus.

The Acting Director-General of the Securities and Exchange Commission , Mary Uduk, says the global decline in oil prices and outbreak of coronavirus will affect the country’s capital market.

She said, “Our capital market is global so, whatever it is that will affect any other country of the world right now will affect the Nigerian Capital market, the oil, because it is one global entity.”

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