SEC Promises to Ramp Up Efforts Against Ponzi Schemes in the Coming Year – The Whistler Newspaper

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SEC to Intensify Efforts in Protecting Investors and Developing Commodities Market in 2025

SEC to Develop Commodities Market in 2025

The Securities and Exchange Commission (SEC) has announced its plans to focus on developing the commodities market in Nigeria in 2025. The Director-General of SEC, Dr. Emomotimi Agama, highlighted the Commission’s commitment to protecting investors and stamping out Ponzi and pyramid schemes while creating opportunities for legitimate investments to thrive.

Agama emphasized the importance of market integrity, investor confidence, and economic growth in the capital market. He stated that the SEC’s dual mandate of regulating and developing the market will be a top priority in the coming year. The Commission aims to strengthen enforcement, prevent insider trading, and enhance transparency in securities transactions.

One key initiative for 2025 is to strengthen the legal framework of the commodities market to support economic development. Agama highlighted the significance of the commodities market in Nigeria’s agrarian economy and expressed the SEC’s commitment to creating a solid foundation for the vibrant commodities ecosystem.

The SEC DG called on stakeholders to collaborate in achieving these goals and unlocking the potentials of the Nigerian capital market. He emphasized the Commission’s vision for a stronger and more inclusive market in 2025, with a focus on building wealth, creating confidence, and making a difference in the economy.

Overall, the SEC’s efforts in developing the commodities market aim to steer the capital market towards a direction that ensures development reaches every Nigerian. With a strategic focus on regulatory frameworks and market growth, the SEC is poised to make a significant impact on the commodities market in the coming year.

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