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In a bid to strengthen the capital market and enhance its resilience, the Securities and Exchange Commission (SEC) has announced plans to implement a targeted strategy aimed at attracting younger generations to participate in the stock market.

Concerns have been growing over the declining interest among millennials, who are increasingly gravitating toward alternative investments in financial technology and cryptocurrencies. Despite the stock market’s steady performance and stability in recent years, many Nigerian youths have chosen to invest in virtual currencies, online betting, and international stocks instead.

Dr. Emomotimi Agama, the Director General of SEC, highlighted that the commission has embraced technology to engage the younger demographic by launching a podcast specifically designed for them. This initiative is part of the broader capital market radio project, an information platform that enables the public to access, learn, and comprehend investment opportunities within the capital market.

Agama also mentioned that the commission plans to utilize various apps for investor education and awareness, making it easier for tech-savvy young people to access investment knowledge through their smartphones.

Moreover, SEC is reviving its outreach to National Youth Service Corps (NYSC) members, aiming to educate them on the diverse investment opportunities available in the capital market. The commission is also in discussions with the Nigerian Educational Research and Development Council (NERDC) to integrate capital market investment concepts into the national educational curriculum.

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