Experts Call for Stronger Capital Market Reforms in Nigeria

At the 2026 annual business summit held by the Capital Market Solicitors Association (CMSA) in Lagos, experts emphasized the need for stronger reforms in Nigeria's capital market. The summit, chaired by Muham Abubakar, SAN, focused on building a resilient capital market capable of supporting long-term economic development beyond market rallies.

Simisola Eyisanmi, CMSA chairman, highlighted the importance of a stronger legal framework to improve compliance and dispute resolution mechanisms, which are essential for attracting investments and preserving market integrity. Hon Junaidu Aminu, chairman of the Investment Securities Tribunal, noted the tribunal's critical role in strengthening investor confidence through efficient dispute resolution.

Chimdalu Omaliko Nwosu, representing the Minister of Finance, attributed recent improvements in investor confidence to ongoing macroeconomic reforms, including exchange rate liberalization and tax reforms. However, he stressed that sustained gains require consistent government policies and a robust legal framework to support long-term investment participation in Nigeria's capital market.