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Find all the economic and financial information on our Orishas Direct application to download on Play StoreTo strengthen securities market regulation, the African Development Bank (AfDB) today signed a $400,000 grant agreement with the Nigeria Securities and Exchange Commission.
The Pan-African Bank intends to strengthen the regulation of the securities market in West Africa's largest economy and expand market instruments. For example, the funds granted to the Securities and Exchange Commission of Nigeria will be used to strengthen the risk-based supervisory framework, to regulate derivatives and green bonds, and to build capacity in green finance. The grant will come from the Capital Markets Development Trust Fund, a multi-donor fund administered by
the Bank.
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