Economy & Market

SEC Canvasses Digital Finance to Boost Capital Market

The Securities and Exchange Commission (SEC) has stressed the need for investor education and digital finance to boost the growing interest in financial technology and deepen market participation.

This was disclosed by the Director General, SEC, Emomotimi Agama, at the IOSCO World Investor Week held in Lagos, on Wednesday.

The day’s initiative, hosted by SEC in collaboration with AFEX commodities, aimed to bring together a range of stakeholders from the financial and investment sectors, government, and media.

The SEC boss, represented by the Executive Commissioner, Operations SEC, Bola Ajomale, emphasised the importance of equipping Nigerian investors with the right knowledge and tools to safely navigate the evolving financial landscape.

“With the increasing role of technology in financial services, it’s essential that investors are empowered with the right information to avoid risks such as scams and unregulated schemes. The future of Nigeria’s capital market depends on an educated and engaged investor base,” Agama stated.

He added that through the initiative, the commission was bringing investors to the capital market, and ensuring that marginalised groups, such as rural farmers, could partake in financial opportunities, further driving Nigeria’s economic growth.

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