SEC, NERDC Sign MoU on Capital Market Studies

• SEC, NERDC Sign MoU on Capital Market Studies

The Securities and Exchange Commission on Sunday said it had signed a Memorandum of Understanding with the Nigerian Educational Research and Development Council for the introduction of capital market studies in school curriculum.

The Director-General, SEC, Mounir Gwarzo, said that the commission had stressed the need for financial literacy, adding that this would enable people to make informed investment decisions.

In a statement issued on Sunday, the commission quoted Gwarzo as expressing enthusiasm about the collaboration, adding that the MoU was part of a 10-year capital market master plan.

He also said the agreement would strengthen the relationship between the two parties and ensure an effective implementation of the initiative.

The SEC DG said there was a need to inculcate the culture of financial literacy and introduce capital market studies into the school curriculum at all levels of education.