Nigeria’s capital market is poised for transformative development following the enactment of the Funding and Securities Act (ISA) 2025, which is anticipated to propel the market towards a N300 trillion valuation.
This was the central message delivered by Dr. Emomotimi Agama, Director-Basic of the Securities and Trade Fee (SEC), throughout a high-level assembly with President Bola Ahmed Tinubu and the Board of Administrators of Nigerian Trade Group Plc (NGX) in Brazil.
In April, President Tinubu signed the Funding and Securities Act (ISA) 2025 into legislation to introduce structural reforms geared toward aligning Nigeria’s capital markets with worldwide finest practices.
ISA 2025: A New Period for Capital Markets
Dr. Agama described the ISA 2025 as one among Africa’s most complete authorized frameworks for capital markets, designed to deepen investor safety, improve regulatory readability, and unlock new funding channels.
“The Act will propel Nigeria towards a N300 trillion market whereas making certain equitable wealth distribution by way of sturdy investor safety and regulatory readability,” he acknowledged.
The laws is anticipated to catalyze innovation, appeal to overseas capital, and develop the scope of monetary devices obtainable to each institutional and retail traders.
Agama mentioned it additionally aligns with the broader targets of the Renewed Hope Agenda, which seeks to place Nigeria because the continent’s main funding vacation spot.
Presidential Endorsement and Reform Dedication
President Tinubu counseled the capital market’s exceptional efficiency since his administration took workplace over two years in the past. He highlighted the surge in market capitalization and buying and selling volumes as proof of rising investor confidence in Nigeria’s financial reforms.
“Nigeria’s markets should be a trusted engine of enterprise and prosperity. My authorities will proceed to pursue reforms that unlock capital, defend traders, and drive innovation, in order that our financial system works for each Nigerian,” Tinubu affirmed.
He praised the management of SEC and NGX for his or her dedication to strengthening the monetary ecosystem and reiterated his administration’s readiness to implement additional reforms to develop the sector.
NGX Leaders Name for Strategic Enlargement
NGX Group Chairman, Alhaji Umaru Kwairanga, expressed gratitude for the President’s daring reforms, noting that buying and selling volumes and market values have almost tripled beneath the present administration. He urged the fast-tracking of main state-owned enterprise listings, together with NNPC Restricted, and known as for tax incentives to maintain market momentum.
Temi Popoola, Group CEO of NGX Group, emphasised the significance of modernizing market infrastructure, deepening product innovation, and increasing retail investor entry by way of digital platforms. “Positioning Nigeria’s Trade as a worldwide funding hub requires stronger partnerships and inclusive development methods,” he mentioned.
Nonso Okpala, Director at NGX Group Plc, cited alternate charge stability and macroeconomic predictability as key drivers of development. He inspired extra Nigerian firms to checklist on NGX, describing it as a pathway to democratizing wealth and broadening financial participation.
What You Ought to Know
- By offering a clearer authorized framework for rising asset courses like digital belongings and commodities, the Act paves the way in which for deeper capital formation and financial diversification.
- The brand new legislation not solely acknowledges digital belongings and funding contracts as securities but in addition locations Digital Asset Service Suppliers (VASPs), Digital Asset Operators (DAOPs), and Digital Asset Exchanges beneath the regulatory oversight of the Securities and Trade Fee (SEC).
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