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SEC revamps investigative processes, targets insider trading


The Securities and Exchange Commission has reiterated its commitment to protecting investors and strengthening the Nigerian capital market.

In a New Year message, SEC Director-General Emomotimi Agama announced plans to revamp the Commission’s investigative processes to enhance efficiency and hold market offenders accountable.

Agama emphasised that insider trading undermines market integrity, stating that the SEC will revise its regulatory framework to bolster detection, prevention, and accountability mechanisms in 2025.

He noted that enforcement remains the backbone of effective regulation and is critical to restoring confidence in the market.

The DG highlighted the Commission’s focus on transparency, which he said was vital to boosting investor confidence. Measures to ensure greater visibility and trust in securities transactions will be introduced to further strengthen the market.

Dr. Agama disclosed that the SEC would also enhance the operations of the Investments and Securities Tribunal to ensure timely dispute resolutions, improving efficiency and fairness in the market.

In addition to these efforts, the SEC plans to prioritise the legal framework of the commodities market, aiming to unlock its potential to aid economic development.

Agama added that Nigeria’s agrarian economy presents significant opportunities and that the Commission is committed to reinforcing the structures supporting a vibrant commodities ecosystem.

“The SEC, as a partner in development, is determined to make a difference by leveraging Nigeria’s comparative advantage in agriculture to drive growth,” he stated.

As the SEC outlines its vision for 2025, Agama called on stakeholders to collaborate with the Commission in achieving its goals, emphasising that these initiatives are geared toward creating a more inclusive and prosperous capital market.

“Together, we can unlock the potentials of the Nigerian capital market and make this a defining year for our economy,” he added.

The PUNCH reported that the Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, has called on stakeholders in the Nigerian capital market to work towards building a market that is fair, transparent, and inclusive.

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