The Securities and Exchange Commission (SEC) has disclosed that Nigerian companies raised approximately N446 billion from the capital market between January and April 2025.
The Director-General of the SEC, Dr. Emomotimi Agama, revealed this during the Capital Market Committee (CMC) meeting held on Monday in Lagos.
He explained that the funds were raised through a combination of fixed-income instruments and equities, with N265.90 billion sourced from the debt market and N180.48 billion from equities.
Meanwhile, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the vital role of the capital market in achieving Nigeria’s ambitious goal of building a $1 trillion economy.
Represented by the Minister of State for Finance, Dr. Doris Uzoka-Anite, Edun highlighted the transformation the capital market has undergone since 2015. He pointed to improvements such as strengthened governance structures, innovative products and platforms, a more resilient regulatory framework, and growing investor confidence.
According to him, the successful implementation of the Capital Market Master Plan (2015–2025) has enhanced the market’s contribution to national development by fostering competitiveness and deepening market structure.
Edun stated that the updated plan emphasizes digitalisation, innovation, sustainability, inclusivity, and capital formation, which are all aligned with the broader economic reform agenda.
New Investment and Securities Act Unveiled
In a significant development, Edun officially unveiled the Investment and Securities Act (ISA) 2025, which seeks to modernize the legal and regulatory framework of the capital market.
Dr. Agama described the ISA 2025 as a “transformative milestone” for Nigeria’s financial ecosystem. He added that the SEC has already set up an implementation team to engage stakeholders and a sensitisation team to raise public awareness about the new law.
According to Agama, the Commission is intensifying efforts to enhance regulatory efficiency, promote market integrity, and ensure investor protection.
The Finance Minister added that beyond enabling capital raising, the capital market remains a strategic tool for wealth creation, economic inclusion, and ensuring long-term resilience of Nigeria’s economy.
