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Nigeria: SEC DG Advocates Fairness and Transparency to Bolster Nigeria’s Capital Market

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sec dg advocates fairness and transparency to bolster nigeria’s capital market
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The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called on stakeholders in Nigeria’s capital market to embrace fairness, transparency, and inclusivity as foundational principles for attracting both local and international investors.

A Vision for Growth

In his Christmas message to the capital market community, Dr. Agama expressed heartfelt appreciation for the dedication and contributions of market participants toward developing a resilient financial ecosystem in Nigeria.

“Only a fair and transparent capital market can truly inspire confidence and attract investors, both locally and globally,” Dr. Agama emphasized in a statement released on Thursday.

Collaborative Efforts Highlighted

Dr. Agama commended the collective efforts of issuers, investors, intermediaries, and other market players in transforming Nigeria’s capital market into a competitive investment hub. He highlighted their trust and confidence as vital drivers of market expansion and investor engagement.

Acknowledging the pivotal role played by SEC staff, Dr. Agama praised their resilience and dedication, which have significantly contributed to the sector’s achievements. He expressed optimism for 2024, urging all stakeholders to work collaboratively toward realizing a dynamic and globally competitive capital market.

Prioritizing Transparency Amid Challenges

As Nigeria navigates the complexities of global economic uncertainties and domestic challenges, Dr. Agama underscored the critical role of transparency and inclusivity in reinforcing investor trust and unlocking market potential.

He urged stakeholders to remain steadfast in their commitment to these principles, which he believes are essential for creating a robust, attractive, and sustainable investment climate.

A Message of Hope for the Future

Concluding his remarks, Dr. Agama extended his warm wishes to the capital market community and SEC staff for a joyous Christmas and a prosperous New Year.

“Together, we can build a capital market that not only adheres to global standards but also stands as a symbol of opportunity and progress for investors at home and abroad,” he stated.

Dr. Agama reaffirmed the SEC’s commitment to fostering collaboration, innovation, and excellence in the year ahead, aiming to position Nigeria’s capital market as a leader in the global financial landscape.

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