NOA and SEC Enhance Public Awareness on Investments

The National Orientation Agency (NOA) and the Securities and Exchange Commission (SEC) are working together to improve public awareness regarding investment opportunities within Nigeria's capital market. Mallam Lanre Issa Onilu, the SEC Director General, praised the commission's recent reforms under its current leadership, which have strengthened oversight and boosted investor confidence.

He highlighted the detrimental impact of Ponzi schemes on the nation's values and emphasized the agency's commitment to reorienting values through the development of a national values charter. Paul Odenyi, the Deputy Director of Media Communications at NOA, noted that the agency would utilize its 818 offices and 193 partner radio stations to broadcast information in 72 Nigerian languages across major TV networks.

Dr. Emomotimi Agama, the SEC Director General, reiterated the commission's role as the apex regulator of Nigeria's capital market, emphasizing the importance of educating the public on investment opportunities and the dangers of fraudulent practices.