SEC DG urges market shift towards sustainable finance

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The Director Common of the Securities and Alternate Fee, Emomotimi Agama, has talked about that the world’s transfer in direction of sustainable finance is altering how investments are made, how firms are managed, and the way dangers are dealt with. He emphasised that Nigeria’s {financial} market wants to alter and sustain with the instances to remain aggressive and essential.

Talking on the Chartered Institute of Stockbrokers’ 2025 Annual Convention in Abuja, Agama described sustainability as a “international crucial” that goes past expertise and ethics, stating that environmental, social, and governance components now play an essential position in capital allocation and accountable investing around the globe.

“In keeping with this shift, the Fee has taken daring steps to align Nigeria’s market with international sustainability requirements,” he stated.

“By way of initiatives such because the adoption of the Worldwide Sustainability Requirements Board framework, the Inexperienced Bond Programme, and partnerships with improvement businesses, we’re constructing a {financial} system that helps the transition to a low-carbon and inclusive economic system.”

Agama highlighted the important thing position of stockbrokers and market operators in advancing the sustainability agenda by selling inexperienced funding merchandise, guiding issuers on ESG disclosures, and directing buyers towards accountable belongings.

He additionally famous that the SEC’s collaboration with the CIS in areas corresponding to skilled certification, investor training, {financial} literacy, and coverage advocacy has continued to provide optimistic outcomes.

In line with him, the Fee’s final purpose is to place Nigeria’s capital market as a driver of {economic} transformation by financing infrastructure, empowering small and medium enterprises, and supporting inexperienced and digital ventures, all consistent with the federal government’s trillion-dollar economic system imaginative and prescient.

Commending market operators for his or her resilience amid robust {economic} situations, Agama urged them to embrace innovation, ethics, and sustainability.

“With the world altering quick, the Nigerian capital market should not solely hold tempo however lead by instance,” he stated.