Digital Assets, Forex, Commodities Markets To Benefit From Investment Act – SEC
The Securities and Exchange Commission (SEC) has described the Investments and Securities Act (ISA) 2025 as a transformative legislation poised to stimulate growth in Nigeria’s capital market, particularly benefiting digital assets, forex trading, and commodities markets.
Speaking in Abuja, SEC Director-General, Dr. Emomotimi Agama, highlighted the key provisions of the new law, emphasizing its role in expanding investment opportunities, strengthening market regulations, and aligning Nigeria’s capital market with global standards.
Agama noted that the ISA 2025 ensures the SEC retains its ‘Signatory A’ status with the International Organization of Securities Commissions (IOSCO), positioning Nigeria as a credible investment destination.
“This is significant because it allows other countries to benchmark the Nigerian SEC and capital market with other jurisdictions, driving investor confidence and expanding market reach,” he said.
One of the notable features of the new law is its recognition and regulation of digital assets and online forex trading.
“This is huge because a significant portion of Nigeria’s youth population is actively engaged in this space. Providing legal clarity and a structured framework will foster growth and protect investors,” Agama stated.
Additionally, the ISA 2025 introduces the Legal Entity Identifier, a crucial component for regulating derivatives transactions, and enhances regulations in the commodities ecosystem, covering spot, derivative, and secondary markets.
The law also removes restrictions on capital raising by states and local governments, facilitating economic development at subnational levels.
Agama underscored the resilience and strength of Nigeria’s capital market, citing its role in the ongoing banking sector recapitalization.
“The capital market has already facilitated the raising of over N2.4tn for banks and N250bn for housing finance. This demonstrates its capacity to fund key economic sectors,” he stated.
He further commended President Bola Tinubu, the National Assembly, and the Ministers of Finance for their support in passing the legislation, reiterating SEC’s commitment to fostering a dynamic, inclusive, and resilient capital market that will contribute to Nigeria’s economic growth.
With a current market capitalization exceeding N65tn, the SEC remains optimistic that the new ISA 2025 will drive increased investments, enhance investor protection, and bolster Nigeria’s position as a leading financial hub in Africa.
Digital Assets, Forex, Commodities Markets To Benefit From Investment Act – SEC is first published on The Whistler Newspaper
