SEC Chief Urges Fairness and Transparency in Nigeria’s Capital Market
The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has urged stakeholders in Nigeria’s capital market to prioritise fairness, transparency, and inclusivity as critical pillars for attracting both local and foreign investors.
In his Christmas message to the capital market community, DrAgama expressed gratitude for their dedication to the development of Nigeria’s financial markets, highlighting their contributions as vital to building a robust investment environment.
“Only a fair and transparent capital market can attract investors, both local and foreign,” he said in a statement issued on Thursday.
A Call for Collaboration
Dr Agama acknowledged the collective efforts of issuers, investors, intermediaries, and other market participants in shaping the Nigerian capital market into a competitive destination for investment. He praised their trust and confidence, which he described as instrumental in driving market growth and fostering investor confidence.
The SEC DG also commended SEC staff for their dedication and resilience, noting that their efforts have been pivotal to the successes recorded in the sector. He expressed optimism about the opportunities that 2024 would bring, stressing the importance of collective action in achieving the vision of a dynamic and competitive capital market.
Looking Ahead
As Nigeria’s capital market grapples with global uncertainties and domestic economic pressures, Dr Agama’s message underscored the need for transparency and inclusivity to strengthen investor trust and expand market opportunities.
Wishing the capital market community and SEC staff a joyous Christmas and a prosperous New Year, Dr Agama reaffirmed his commitment to fostering collaboration and progress in the coming year.
“Together, we can build a capital market that not only meets global standards but also serves as a beacon of hope and opportunity for investors at home and abroad,” he concluded.
