The Securities and Exchange Commission (SEC) has said the upcoming Investments and Securities Act (ISA) 2025 will be a major milestone for Nigeria's capital market and a key driver of economic growth.
In a statement issued on Thursday in Abuja, SEC Director-General Dr. Emomotimi Agama described the legislation as transformative, adding that it would help maintain Nigeria's Signatory A status with the International Organisation of Securities Commissions (IOSCO).
Agama noted that the act would align Nigeria's capital market with global best practices, enhance investor confidence, and create a more favourable investment climate.
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He also revealed that the new law would expand regulatory oversight to include online forex trading and establish legal frameworks for digital asset regulation.
"The commodities ecosystem is well featured in this law," he said, pointing out that it would allow regulation across spot, derivative, and secondary markets.
Agama further highlighted the removal of capital-raising restrictions on state and local governments, a move expected to support infrastructure and development projects across Nigeria.
"This for us is very important," he stated, adding that the law would help build a dynamic, inclusive, and resilient capital market.
He reaffirmed the SEC's commitment to advancing both the capital market and the Nigerian economy.
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