The Securities and Exchange Commission (SEC) Nigeria has restated its commitment to protecting investors by intensifying its efforts to frontally combat Ponzi and pyramid schemes as part of its efforts to promote legitimate investment opportunities in the country in 2025.
Director General of the commission, Dr. Emomotimi Agama, who gave this assurance in his New Year message to the capital market stakeholders at the weekend, expressed optimism about the value-adding potential of the nation’s capital market in the economy.
To achieve this goal, the Director-General hinted that the capital market regulatory commission would this year focus on key initiatives that aim to deepen market integrity, enhance investor confidence, and drive economic growth.
He stated “The SEC is positioned with a dual mandate in regulating and developing the capital market in Nigeria. Naturally, our top priority in 2025 will cut across the dual mandate. For us, mainstreaming the Nigerian Capital Market into the economy is very vital.
“Enforcement is the backbone of effective regulation. We are revamping our investigative processes to enhance efficiency and hold bad actors accountable more decisively.
“Insider trading undermines activities and dampens market fairness. By revising our regulatory framework, we aim to strengthen detection, prevention, and accountability mechanisms.
“Transparency is at the heart of investor confidence and capital markets. We will introduce measures to ensure greater visibility and trust in securities transactions”, he added.
According to him, as part of its moves to efficiently and fairly resolve market disputes, the SEC is enhancing the operations of the Investments and Securities Tribunal (IST), making it more effective in delivering timely resolutions and improving efficiency.
In addition, Agama identified another critical area of focus for the Commission in 2025 as strengthening the legal framework of the commodities market to facilitate the attainment of its full potential of aiding economic development.
He further clarified: “The commodities market is indeed a major area of interest for us at the SEC. Nigeria is purely an agrarian nation and as such, taking that comparative advantage to the next level, is something that the SEC is proud to be a part of.
“It is a vital part of the Nigeria economy. This year, we will focus on reinforcing the legal and regulatory structures that support growth so we can create a solid foundation for the vibrant commodities ecosystem. Be it a soft commodity or a hard commodity.
“More so, when we have a plethora of commodities all over Nigeria. The SEC as a partner in development will make sure that we will make the difference.
“As we embark on this journey, I invite all stakeholders to work with us in achieving these goals. Together, we can unlock the potentials of the Nigerian capital market and make this a defining year for our economy.
“What we intend to do in all of the efforts that we want to put forward to the Capital Market Community is to steer the Capital Market towards a direction that ensures that development gets to the doorstep of every Nigerian”, he added.
The investment expressed maintained that the sundry initiatives represented the Commission’s vision for a stronger and more inclusive capital market in 2025 as it is poised to build wealth, creating confidence and making a difference like never before in the nation’s increasingly evolving investment space.
