Saturday, August 2, 2025
24.9 C
Lagos

Capital Market to Unlock $500bn Assets via Commodities Exchanges, Warehouses

The Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama has disclosed that by formalising Commodities and Warehouse receipts, the capital market can unlock $500 billion in dormant agricultural and mineral assets.

Agama who stated this at a national workshop of the Chartered Institute of Stockbrokers in Abuja Tuesday, said the move would transform them into tradeable securities.

He noted that would help the economy diversify from the oil and gas industry, and create wealth for the country.

Agama explained that the Investments and Securities Act 2025 has empowered the SEC to take decisive actions to promote the sector.

“The Act sharpens the SEC’s regulatory focus, ensuring it operates with the precision and authority required to steward a rapidly expanding market”, he stated.

He added: “Today, I speak not just about the Investments and Securities Act (ISA) 2025 as a legislative milestone, but as a strategic blueprint to propel Nigeria into the league of top global economies.

“This Act is not merely an update—it is a revolution. It dismantles legacy constraints, embeds global best practices, and positions our market as the engine room for national prosperity. The question before us is no longer if Nigeria can achieve a $1 trillion economy, but how soon—and the capital market, under this new Act, will be the accelerant.”

The SEC DG stressed that the Commission “now has explicit powers to shut down Ponzi schemes and prosecute offenders—ending the era of “get-rich-quick” scams that erode market confidence.

“Investors are now covered for losses from revoked dealer licenses—a long-awaited safeguard that will boost participation. Trust is the currency of our capital markets. Without it, liquidity dries up.”

 

 

spot_img
spot_img

Hot this week

SEC: Why We Granted “No Objection” to First Holdco Transaction

The Securities and Exchange Commission (SEC) Nigeria wishes to...

SEC Disowns AGM of Tourist Company of Nigeria, Reaffirms Regulatory Oversight

The Securities and Exchange Commission (SEC) has disowned the...

NCDMB Leads Push for Homegrown Talents at Chevron-funded HCD Graduation

The Nigerian Content Development and Monitoring Board has reaffirmed...

Linkage Assurance Reports 50% Revenue Growth in 2024

L-R: Funkazi Koroye-Crooks, Non-Executive Director; Moses Omoregbe, Company Secretary;...

Heirs Insurance Unveils Creators Fellowship, Partners with Influencers to Drive Insurance Literacy

L-R: Joseph Onaolapo (Jay On Air), Oluwadamilola Bello (Dammy B) As...

Topics

Sovereign Trust Insurance Receives Diamond Award from Ibadan Golf Club

Former Governor of Osun State, Brigadier-General Olagunsoye Oyinlola (Rtd)...

‘Enabling Digitally-led Trade Growth is a Key Opportunity’—Standard Bank

  Vinod Madhavan Head of Trade Standard Bank The Covid-19 outbreak is set...

Nigeria: 2016 PC Market Fell by 57%, Lowest in 9 Years

Official PC shipments to Nigeria fell 57.1% year-on-year in...

How African Entrepreneurs Can Tap Into Global Market

Everybody loves chocolate. Hundreds of years ago, the Greeks referred to chocolate as the ‘food of the gods’. It’s a highly demanded luxury product and an impulsive treat for millions of people around the world. No wonder the global market for chocolate and cocoa beverages is now worth over $100 billion (and growing) every year. Although the developed and fast developing countries (especially in Europe, Asia and North America) consume over 90 percent of the chocolate produced every year, chocolate largely exists because of Africa.

NAIPCO Confab 2021: COVID-19 Impact on Financial Inclusion

Insurance and pension stakeholders are set to converge at...

19 Firms Bid for Afam Power, Yola DISCO

Afam Power Plant Nineteen (19) firms have indicated interest to...

Sustained Sell-offs Drag Equities Market… ASI Down 56bps

The downward trend in the equities market continued following price...

NCC Opens Public Enquiry on 3 Regulatory Instruments

By Aminu Maida EVC/CEO of NCC I welcome you all to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img