NEPZA, SEC to list Free Trade Zones on capital market - The Source

ADVERTISEMENT
  • Landing Page
  • Shop
  • Contact
  • Buy JNews
  • Login
The Source
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
The Source
No Result
View All Result
Home News

NEPZA, SEC to list Free Trade Zones on capital market

The Source by The Source
February 23, 2023
in News
0
0
SHARES
30
VIEWS
Share on Facebookshare on whatsappShare on Twitter

[ad_1]

By Tola Adenubi | Lagos

 

The Nigeria Export Processing Zones Authority (NEPZA) and the Security and Exchange Commission (SEC) have begun the process of listing free trades zones and zones’ enterprises on the Nigerian Capital Market.

The Managing Director/CEO of NEPZA, Professor Adesoji Adesugba, while speaking during a business interface meeting with the Director-General of SEC, Lamido Yuguda, said the move is necessary for prosperity and wealth of the free trade zone to be extended to the investing public through the stock market.

Prof. Adesugba explained that the law establishing NEPZA gave it substantial latitude to effect changes that ensured dimensional linkages between the free zone and the Nigerian public for mutual benefits.

“We are not in this alone; it is indeed a synergy between some key agencies of government with the Security and Exchange Commission driving the process in order to grant access to the free trade zone community to trade on the Nigeria Stock Market.

“We are, therefore, about to unleash immeasurable wealth, technology and prosperity into the country’s stock market. It is our desire to convert the country’s business space into a free trade zone as obtained in Dubai. This is like a first step towards that direction,” the NEPZA boss said.

On his part, Yuguda expressed delight with the initiative that aimed to pull more players into the stock market net, adding, however, that all grey areas that could hinder the idea must be dealt with.

Yuguda said the commission was interested in the governance structure of the free trade zones enterprises as that was fundamental to the declaration of profits and sharing of dividends.

“On the whole, the commission welcomes this innovation and we must all work hard for it to come to fruition in the shortest possible time,” he added.

 

READ ALSO FROM NIGERIAN TRIBUNE 

[ad_2]

Be the first to read it our next BREAKING NEWS, POLITICS, METRO. Click here to join our WhatsApp group

Previous Post

MWUN pulls out of MoU with barge operators

Next Post

FAAN blamed face off with female passenger at Abuja airport on breach of security protocols

The Source

The Source

Related Posts

Osun’s Community Of Sad, Failed Men By Bola Boladale
News

Time for FG to release Osun LG funds

by The Source
July 26, 2025
Oyebanji Debunks Wife’s Health Rumours
News

Oyebanji Debunks Wife’s Health Rumours

by The Source
July 26, 2025
Plant A Future Memorial Initiatives: Ife Stakeholders Told To Immortalise Ijiwoye
News

Plant A Future Memorial Initiatives: Ife Stakeholders Told To Immortalise Ijiwoye

by The Source
July 26, 2025
Attack On Ojukwu’s Wife: Ohanaeze Gives Obiano Ultimatum
News

N4bn Fraud: Court Fixes for Obiano’s Trial

by The Source
July 25, 2025
Pastor Adeboye Donates Dialysis Centre to OAUTHC Wesley Guild, Ilesa
News

Pastor Adeboye Donates Dialysis Centre to OAUTHC Wesley Guild, Ilesa

by The Source
July 25, 2025
Next Post

FAAN blamed face off with female passenger at Abuja airport on breach of security protocols

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tags

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke Health IGP INEC Kaduna Lagos Muslims Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Categories

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tag

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke Health IGP INEC Kaduna Lagos Muslims Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Recent Posts

  • Time for FG to release Osun LG funds
  • Oyebanji Debunks Wife’s Health Rumours
  • Plant A Future Memorial Initiatives: Ife Stakeholders Told To Immortalise Ijiwoye

© 2022 The Source Nigeria.

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament

© 2022 The Source Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In