Nigeria's SEC targets N750 trillion capital market by 2036
Nigeria is targeting a capital market of N750 trillion by 2036, an increase from a baseline of about N250 trillion. This goal is part of the Nigerian Capital Market Master Plan 2.0 (2026–2036), unveiled by the Securities and Exchange Commission (SEC) in Abuja.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, emphasized the need for a deeper capital market to support Nigeria's ambition of becoming a $1 trillion economy. The SEC Director-General, Emomotimi Agama, noted that the market's growth has not led to sufficient participation from Nigerians, with many savings remaining idle.
The National Savings Scheme, which has legal backing under the Investments and Securities Act 2025, aims to provide a formal channel for Nigerians to save and invest. The SEC plans to encourage state-owned enterprises to list on the Nigerian Exchange and develop new investment products.
The implementation of the master plan will be tracked through assigned responsibilities and performance measures.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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