The Securities and Exchange Commission (SEC) is ramping up efforts to eliminate Ponzi schemes and foster genuine investment in Nigeria in 2025.
Director General Emomotimi Agama is prioritising investor protection, market integrity, and economic growth in the year ahead.
The SEC will intensify its efforts in 2025 to tackle Ponzi and pyramid schemes, ensuring only legitimate investment opportunities thrive.
In his New Year message to the capital market community, the SEC Director-General, Emomotimi Agama, reaffirmed the commission’s commitment to protecting investors.
Agama outlined the SEC’s dual mandate to regulate and develop Nigeria’s capital market, making it the priority for 2025.
He emphasised that enforcement plays a key role in effective regulation.
Consequently, the SEC will revamp its investigative processes and enhance accountability to combat insider trading, which undermines market fairness.
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Furthermore, transparency remains crucial for fostering investor confidence.
Agama revealed that the SEC will introduce measures to improve visibility and trust in securities transactions.
Additionally, the SEC is working to make the Investments and Securities Tribunal (IST) more effective, ensuring quicker and fairer market dispute resolutions.
Moreover, Agama highlighted the need to strengthen the legal framework for Nigeria’s commodities market, which holds great potential for economic growth.
With Nigeria’s vast agrarian resources, the SEC plans to support the development of a vibrant commodities sector.
“We have an abundance of commodities in Nigeria,” Agama said, “and as a partner in development, SEC will make a difference.”
In conclusion, SEC aims to create a more inclusive, transparent market that builds wealth and instils confidence in 2025.
Agama urged stakeholders to join in unlocking the full potential of Nigeria’s capital market.