The Securities and Exchange Commission (SEC) has announced its forthcoming Investor Clinic in Ibadan, scheduled to commence on Thursday. This initiative, led by the SEC’s Director General, Dr. Emomotimi Agama, is part of the commission’s efforts to educate and engage investors in the capital market. The clinic will coincide with the Chartered Institute of Stockbrokers Conference, taking place at the Jogor Event Centre in Ibadan. Similar clinics have been conducted in major cities, including Lagos, Abuja, and Port Harcourt, as part of World Investor Week 2024 activities held in October.
Dr. Agama emphasized that the Investor Clinic offers a crucial opportunity for both existing and prospective investors to gain insights into the workings of the capital market. The event aims to address various concerns and questions that investors may have, thereby enhancing their participation in the investment landscape. He encouraged attendees to come prepared with a means of identification, evidence of prior investments, as well as a passport photograph to facilitate engagement during the clinic.
The clinic is designed to provide a comprehensive platform where investors can resolve ongoing issues with their investments, inquire about different services, and establish their e-dividend accounts. Dr. Agama mentioned that stock brokers will be present to assist in opening brokerage accounts, while registrars will help in resolving unclaimed dividends and requiring e-dividend mandates. Furthermore, fund managers will be available to assist new investors in establishing and managing their investment accounts, ensuring that participants have direct access to essential services and support.
Investors are urged to leverage this opportunity not only to resolve existing issues but also to engage with financial experts for tailored investment guidance. Dr. Agama expects the two-day event to be both enlightening and exciting, particularly for younger participants and those new to investing. The SEC’s initiative aligns with its goal to foster a more informed investing community, equipping attendees with the knowledge needed to make informed and strategic investment decisions.
In conclusion, the SEC’s Investor Clinic presents a significant opportunity for participants to engage directly with capital market players, understand their rights as investors, and seek practical advice on investment strategies. Dr. Agama’s appeal for widespread attendance underscores the importance of investor education and the role that such events play in promoting a healthy investment environment. By encouraging participation in this clinic, the SEC aims to empower individuals with the tools and knowledge to navigate the complexities of the investment landscape confidently.
Overall, the SEC’s focus on investor education and engagement through events like the Investor Clinic is vital for nurturing a robust capital market in Nigeria, ultimately contributing to the financial literacy of its citizens and promoting sustained economic growth. The upcoming clinic in Ibadan is anticipated to play a vital role in realizing these objectives, ensuring that investors leave more knowledgeable and better prepared to engage in the capital market effectively.
