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Financial Inclusion will aid Economic Growth – Uduk

The Securities and Exchange Commission, SEC has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy.

“Innovations in financial technology, has made possible the potential of using digital tools to make financial services available to a wider range of consumers and enterprises, promoting financial inclusion and the affordability of financial services, said Acting Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk at the 2018 PEARL Awards Night held in Lagos, Sunday.

“A financially inclusive society will provide increased access to finance, especially for women, help support sustainable growth–and will create million more jobs. The gains of having a more inclusive financial system are enormous, as it helps broaden financial markets and make policies more effective”.

Uduk said that the SEC will continue to highlight and promote developments and trends in the Nigerian Capital Market and drive Financial Inclusion aimed at reducing adult exclusion from financial services.

 

 

 

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Written by Ruth Olurounbi

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