The Securities and Exchange Commission (SEC) has officially launched its inaugural Regulator/FinTech Clinic, signalling a proactive step towards strengthening dialogue with Nigeria’s rapidly growing financial technology ecosystem.
The event, held on Tuesday, aims to align innovation with regulatory compliance while ensuring investor protection.
Opening the clinic, the SEC DG Emomotimi Agama highlighted the significance of a collaborative approach between regulators and innovators in one of the most dynamic segments of Nigeria’s financial system.
“This engagement reflects a deliberate step by the Commission to deepen dialogue between the regulator and the FinTech sector,” he said.
Nigeria has emerged as a leading innovation hub in Africa, with FinTech entrepreneurs expanding financial access, democratising investment opportunities, and leveraging technology to bridge structural gaps in the financial system.
The SEC DG emphasised that while this progress is commendable, regulatory frameworks must evolve in tandem with technological advancements.
He said, “Responsible innovation requires regulatory frameworks that are both protective and adaptable. The Clinic forms part of that continuous review process to ensure our rules remain proportionate, responsive, and aligned with market realities.”
He said the SEC’s mandate, which is protecting investors, ensuring fair and transparent markets, and facilitating capital formation, remains compatible with innovation.
