The Securities and Exchange Commission (SEC) has said companies can now obtain approval to raise capital offers in the Nigerian capital market within two weeks instead of over a year.
This was revealed in a statement signed by Emomotimi Agama, director general of the Securities and Exchange Commission (SEC) on rrecently stating that approvals would now be granted within two weeks once all necessary documents are complete.
According to the commission, the development aims to enhance the efficiency of the capital market and better support the development of Nigeria’s economy.