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Dr. Emomotimi Agama, director-general of the Securities and Exchange Commission, has applauded the signing of the Investment and Securities Act (ISA) 2025, stating that it will drive Nigeria toward a N300 trillion market.
Speaking during a discussion with President Tinubu in Brazil, the SEC DG described the ISA Act 2025 as one of Africa’s most comprehensive legal frameworks for capital markets, which will ensure equitable wealth distribution through strong investor protection and regulatory clarity.
President Tinubu praised the growth of Nigeria’s capital market over the past two years of his administration, highlighting the rise in market capitalisation and heightened trading activity that have opened up greater investment opportunities for both local and foreign investors.
President Tinubu lauded the NGX Board and SEC leadership for their commitment, affirming his administration’s unwavering resolve to elevate Nigeria’s financial ecosystem.
“Nigeria’s markets must be a trusted engine of enterprise and prosperity. My government will continue to pursue reforms that unlock capital, protect investors, and drive innovation, so that our economy works for every Nigerian,” he stated.
Alhaji Umaru Kwairanga, NGX group chairman, expressed gratitude for the President’s bold reforms. He urged the fast-tracking of the listing of major state-owned enterprises, such as NNPC Limited, and the introduction of tax incentives to sustain the capital market growth.
Temi Popoola, Group CEO of NGX Group, emphasised the importance of positioning Nigeria’s Exchange as a global investment hub through stronger partnerships, modernised market infrastructure, and deeper product innovation.
He also stressed the need to expand retail investor participation through digital channels in order to promote inclusive and sustainable market growth.
