In a push towards sustainable growth within Nigeria’s capital market, The Director-General (DG) of the Securities and Exchange Commission (SEC), Mr. Emomotimi Agama, has called on market operators to embrace green bonds and exchange-traded funds (ETFs).
This appeal was made in a statement released by the SEC recently, emphasizing the potential of these financial instruments to direct investments towards environmentally sustainable projects while improving market liquidity and increasing investor engagement.
Mr. Agama highlighted the diverse range of financial instruments available to investors, from green bonds and social impact investments to derivatives and ETFs, encompassing both conventional and non-interest finance.
He stated, “The evolving landscape of financial instruments presents numerous opportunities and challenges. Nigeria must capitalize on these advancements by adopting technology. Fintech solutions enhance market access, streamline transactions, and improve transparency. A regulatory environment that supports the responsible use of these technologies is essential to unlock their full potential and, by extension, the potential of our nation.”
He emphasised the critical role of technology, particularly fintech innovations, in improving market access, efficiency, and transparency.
“The SEC is committed to ensuring that market innovations are aligned with principles of sustainability, inclusivity, and ethical conduct, aiming not just for wealth creation but also for social and environmental responsibility,” he stated.
Mr. Agama urged market stakeholders to prioritize sustainability and ethical practices while embracing financial innovations. He reaffirmed the SEC’s dedication to upholding market integrity, efficiency, and investor protection, stressing that these principles must guide any market advancements.
He equally called for collaborative efforts among market participants, investors, and issuers to develop solutions that support sustainable development goals, paving the way for a prosperous future for Nigeria.
