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Nigeria: SEC Reinforces Commitment to Fraud-Free Market in 2025

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SEC Reinforces Commitment to Fraud-Free Market in 2025
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The Securities and Exchange Commission (SEC) has renewed its commitment to eradicating Ponzi and pyramid schemes in Nigeria. In 2025, the SEC aims to foster a secure and transparent environment for legitimate investments.

In a New Year address to the capital market community, SEC’s Director-General, Dr. Emomotimi Agama, outlined the commission’s strategic priorities. He emphasized that safeguarding investors and restoring trust in the capital market remain at the core of the SEC’s mission.

“Enforcement is the backbone of effective regulation. We are revamping our investigative processes to enhance efficiency and hold bad actors accountable more decisively,” Agama stated. “Insider trading undermines activities and dampens market fairness. By revising our regulatory framework, we aim to strengthen detection, prevention, and accountability mechanisms.”

Tackling Fraud and Boosting Transparency

Dr. Agama highlighted the SEC’s multi-pronged strategy to address fraudulent schemes that undermine investor confidence. Key focus areas include:

  • Enhanced enforcement actions to hold perpetrators of fraudulent schemes accountable.
  • Improved market transparency to build investor trust.
  • Revitalization of the Investments and Securities Tribunal (IST) to ensure efficient dispute resolution processes.

“Transparency is at the heart of investor confidence and capital markets. We will introduce measures to ensure greater visibility and trust in securities transactions,” Agama added.

Driving Growth in the Commodities Market

The SEC has identified Nigeria’s commodities market as a critical growth area for 2025, leveraging the country’s agrarian economy as a comparative advantage.

“The commodities market holds immense potential for economic development. This year, SEC will focus on reinforcing the structures that support its growth, ensuring a vibrant ecosystem for both soft and hard commodities. We are committed to taking Nigeria’s commodities market to the next level,” Agama emphasized.

Collaboration for Inclusive Growth

Dr. Agama called on all stakeholders to collaborate with SEC to drive the capital market towards inclusive growth, emphasizing the shared responsibility of market participants.

“As we embark on this journey, I invite all stakeholders to work with us in achieving these goals. Together, we can unlock the potential of the Nigerian capital market and make this a defining year for our economy,” he urged.

He assured Nigerians of the Commission’s unwavering dedication to transforming the capital market into a catalyst for national development.

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