The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate and work together in order to provide an efficient and effective monitoring of the capital market.

This was revealed by the Director General of SEC, Mr Mounir Gwarzo during an official visit to the Acting Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu in Abuja.

Mr Gwarzo acknowledged a close relationship between the SEC and the EFCC and hoped that the MoU when fully operational would curb market infractions.

The acting chairman of the EFCC, Mr Magu believes the collaboration between both agencies has yielded results for the growth of the capital market. He also gave the assurance that his agency will continue to provide assistance where required.