Regulatory Alerts2020-04-21
The Nigerian Capital Market Community Launches Initiative To Support The Fight Against COVID-19
The Nigerian Capital Market Community, led by the Securities and Exchange Commission, has launched a market-wide committee to coordinate pandemic response efforts. The initiative requires stakeholders to rapidly contribute toward a one billion Naira fundraising target, which will finance palliatives for the impoverished and medical equipment for designated hospitals. This coordinated financial mobilization aims to mitigate pandemic-related economic and medical hardships while reinforcing public compliance with government health directives.
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