By Anifowoshe Oladipupo
Nigeria’s capital market is on course for unprecedented growth, with projections to hit ₦300 trillion in valuation, following the enactment of the Investment and Securities Act (ISA), 2025.
Speaking at a high-level meeting in Brazil, Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, told President Bola Ahmed Tinubu and the Nigerian Exchange Group (NGX), Board that the new law provides a solid framework to transform the market.
Signed into law by President Tinubu in April, the ISA 2025 is regarded as one of Africa’s most comprehensive legal instruments for capital markets.
It seeks to strengthen investor protection, enhance regulatory clarity, and create new opportunities for investment, while ensuring equitable wealth distribution.
President Tinubu commended the progress already recorded, noting rising market capitalization and trading volumes as evidence of growing investor confidence.
He reiterated his administration’s commitment to reforms that will make Nigeria a prime investment destination, praising SEC and NGX leadership for driving the agenda.
NGX Group Chairman, Alhaji Umaru Kwairanga, welcomed the reforms and urged the government to accelerate the listing of major state-owned enterprises to sustain market momentum.
