SEC’s new tenure limits stir tension in capital market, operators seek clarity

A sweeping directive by the Securities and Exchange Commission (SEC) to impose tenure limits on directors of key capital market institutions has triggered widespread anxiety and uncertainty across Nigeria’s financial markets. In a circular issued last Friday, the SEC introduced strict tenure restrictions for directors of Capital Market Operators (CMOs) classified as “significant public interest [...]The post SEC’s new tenure limits stir tension in capital market, operators seek clarity appeared first on National Daily Newspaper.

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