SEC DG warns shortage of credible issuers could inflate asset prices

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Nigeria’s Securities and Exchange Commission Director-General Emomotimi Agama warned that too few credible issuers could push up prices of existing assets. He said this could inflate valuations without supporting genuine development of the capital market.

The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has warned that a shortage of credible issuers in Nigeria’s capital market could drive up the prices of existing assets rather than support genuine market development. The post SEC DG warns shortage of credible issuers could inflate asset prices appeared first on Nairametrics.