The Securities and Exchange Commission Nigeria has announced the re-election of its director-general, Emomotimi Agama, as the Vice Chair of the Africa/Middle East Regional Committee of the International Organization of Securities Commissions.

The appointment, confirmed for a second term spanning 2026–2028, solidifies Nigeria’s influence within the global standard setters for the securities industry.

According to the SEC, by retaining this position, Nigeria maintains its critical seat on the IOSCO Board, the organisation’s highest policy-making body. The Commission noted that this role is pivotal for ensuring that Nigeria’s regulatory priorities are represented when global standards for financial markets are being drafted.

The SEC and Director-General Agama highlighted the specific goals for this new term through a statement: “Beyond representation, this development enhances Nigeria’s ability to contribute meaningfully to global regulatory dialogue, particularly in areas such as enforcement cooperation, market integrity, and investor protection.

“It creates a stronger platform for collaboration with other jurisdictions on cross-border regulatory issues, including tackling illicit financial flows and strengthening supervisory frameworks.”

“Ultimately, this milestone reinforces Nigeria’s position as a leading voice in regional and global capital market development. It is expected to contribute to building a more resilient, transparent, and robust capital market ecosystem”, the SEC statement added.

Established in 1983, IOSCO members regulate more than 95 per cent of the world’s securities markets. For Nigeria, this re-election is viewed by industry analysts as a “vote of confidence” from peer regulators in the country’s recent regulatory progress and its commitment to aligning with international best practices.

The SEC remains focused on leveraging this international platform to foster investor confidence and facilitate increased participation in global financial markets through 2028.