Wednesday, 23 January 2013

SMEs To Expect More Encouragement From Capital Market Regulators



Small and Medium Enterprises operating in the country believe that the capital market regulators comprising of the Securities and Exchange Commission and the management of the Nigerian Stock Exchange can do more to encourage SMEs.

The call was made by the managing director of OmatekVentures Plc, Florence Seriki, during a press briefing on the performance of the company held Monday.

She said efforts of the regulators to get more SMEs to list on the exchange may not yield desired fruits if the firms were not encouraged vis a vis the provision of a viable enabling environment.

Her comments came at a time, the Director General of the Securities and Exchange Commission, Arunma Oteh, said the regulator was trying to encourage more SMEs to list in order to boost local and foreign participation in the bourse.

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