The Securities and Exchange Commission (SEC) has committed to intensifying its oversight of capital market operators to ensure strict adherence to regulations and bolster investor confidence in Nigeria’s financial system. This pledge was made by SEC Director-General, Dr. Emomotimi Agama, at the office launch of Norrenberger Asset Management Limited and the 2025 capital market outlook event in Abuja on Monday.
During his address, Dr. Agama reaffirmed the Commission’s zero-tolerance policy for infractions and outlined key initiatives that will guide the SEC’s actions in the coming year. He highlighted that the SEC would prioritize a risk-based approach to supervision, closely monitoring capital market operators to ensure full regulatory compliance.
“We are going to get to every capital market operator, watching them like an eagle, making sure they are doing just the right thing. We want to be sure that Nigerians that are here and abroad and even foreigners believe and trust in our market,” Agama stated.
He emphasized that the SEC’s goal is to create a market that inspires confidence both within Nigeria and internationally, without needing external validation. “Our goal is to create a market that inspires confidence among Nigerians, foreign investors, and the diaspora,” he said.
Agama also referenced the recently passed bill awaiting presidential assent, which, once enacted, will grant the SEC enhanced powers to enforce regulations more effectively. This bill will further strengthen the Commission’s ability to oversee market activities, ensuring greater transparency and accountability.
The SEC’s commitment to maintaining a secure and trustworthy market is expected to encourage more investment in Nigeria’s capital market, supporting sustainable economic growth.