By Modupe Gbadeyanka
The first Capital Market Committee (CMC) meeting in 2017 is scheduled to begin today, Tuesday, May 9, 2017.
The meeting, which will have relevant stakeholders in the capital market in Nigeria in attendance, is slated to kick-off by 10am at the Federal Palace Hotel, Victoria Island, Lagos.
The programme is put together by the Securities and Exchange Commission (SEC), an agency saddled with the responsibility of monitoring the capital market in Nigeria.
After deliberations today, the committee will address the media on outcome of the meeting the following day, Wednesday, May 10, 2017 by 10am at the SEC’s Lagos Zonal Office located at No 3, Idejo Street, Victoria Island, Lagos.
The CMC was mainly established to serve as a medium for exchange of ideas among market stakeholders as well as for feedback to SEC on how to continuously improve the market activities and regulation.
It is an industry-wide committee comprising members of the commission, representatives of capital market operators and trade groups and other stakeholders. The CMC meets every quarter to deliberate on various issues affecting the market and other policy matters.