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Capital market records 38.8 per cent growth

28 November 2013, 11:59

Abuja - The Director-General, Security Exchange Commission (SEC), Arunma Oteh, on Wednesday announced that Nigeria’s capital market grew by 38.8 per cent in 2013.

The growth, with about 40 days to the end of 2013, according to Oteh, places the Nigerian capital market among best top 10 markets globally.

 Oteh said this at a Capital Market Outreach programme with the theme "Capital Market Wealth and Health’’, held in collaboration with Pro-Health International, a non-governmental organisation (NGO), in Abuja.

She said the outreach would expose traders to the long term savings and investment opportunities inherent in the capital market.

“Our capital market has become one of the top performing in the world and also among the top 10. It has grown by 38.8 per cent, this year.

“It is for this reason that SEC along with Capital Market operators decided that we will come out on the street and preach that every Nigerian must learn how to save and invest.

The News Agency of Nigeria (NAN) reports that Nollywood stars, Zack Orji, Patience Ozokwo, and Sani Danja, among others, participated in the outreach.

-   NAN


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