At the IOSCO World Investor Week in Lagos, the Securities and Exchange Commission (SEC) underscored the critical importance of investor education and digital finance to harness the growing interest in financial technology and deepen participation in the Nigerian capital market.
The initiative, hosted by SEC in collaboration with AFEX commodities, gathered various stakeholders from the financial, investment, government, and media sectors. The Director General of SEC, Emomotimi Agama, represented by the Executive Commissioner, Operations SEC, Bola Ajomale, addressed attendees, emphasizing the need to equip Nigerian investors with essential knowledge and tools.
Agama highlighted that as technology increasingly influences financial services, it is vital for investors to be armed with accurate information to navigate potential risks such as scams and unregulated schemes. “The future of Nigeria’s capital market depends on an educated and engaged investor base,” he stated, reinforcing the SEC’s commitment to fostering a knowledgeable community of investors.
Through this initiative, the SEC aims to draw more investors into the capital market while ensuring that marginalized groups, including rural farmers, have access to financial opportunities. This inclusivity is seen as a key driver for Nigeria’s economic growth.
The SEC’s focus on education aligns with global trends emphasizing the importance of informed investment decisions, particularly in a rapidly changing financial environment. By promoting digital finance and investor education, the SEC is taking proactive steps to ensure that all Nigerians can benefit from the opportunities within the capital market.
As the financial landscape continues to evolve, initiatives like these are crucial for building trust and encouraging participation in Nigeria’s economy.
