SEC DG Advocates Collaboration for Capital Market Growth

Dr. Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC) Nigeria, urged for collaboration among stakeholders in the nation's financial system during his keynote address at the Emerging Africa Capital Limit Investor Summit.

He highlighted the importance of a collective approach to fully explore the investment potential of Nigeria's capital market, which remains underutilized. Agama pointed out that despite recent regulatory reforms aimed at transforming the capital market, the market's capital relative to GDP is still below benchmarks compared to peer economies.

He advocated for domestic corporate issuers to embrace the capital market as a primary pathway for growth financing and emphasized the need for improved disclosure to build investor confidence. Agama also reassured foreign investors of Nigeria's openness to investment and called for deeper inter-agency collaboration among the Central Bank of Nigeria (CBN), Debt Management Office (DMO), National Insurance Commission (NAICOM), and Pension Commission (PENCOM) to create a unified, investor-friendly regulatory environment.