The Securities and Exchange Commission has emphasised that the approval-in-principle granted to two crypto exchanges recently is in line with the commission’s desire to ensure that youths in Nigeria are given the opportunity to participate in the capital market.
The Director General of the SEC, Emomotimi Agama, who stated this during a meeting in Abuja Wednesday, said that in line with the desire of President Bola Ahmed Tinubu to engage with the youthful population in the country, it became important to create a structure that will enhance that participation of the youths and other Nigerians in the market.
The commission had last week granted approvals to Busha Digital Limited and Quidax Technologies Limited.
According to the SEC DG, “It is important that we act accordingly, we are a country but we cannot be left out of the global phenomenon that is beginning to take shape. The SEC as a future looking institution is poised to making sure that we are in the league of…