Capital Market Leaders to Chart Growth, Investor Protection at CMC Meeting
By Patience Ikpeme
Key stakeholders in the Nigerian capital market are set to converge in Lagos on Monday, May 19, at the Federal Palace Hotel, Victoria Island, for the First Quarter Capital Market Committee (CMC) Meeting.
Top of the agenda are discussions surrounding the implementation of the newly enacted Investments and Securities Act 2025 and strategies for enhanced investor sensitization.
The meeting aims to formulate effective approaches for strengthening the capital market’s crucial role in driving Nigeria’s economic growth and overall development. Participants will explore initiatives designed to attract greater investments, improve the efficiency of market operations, and safeguard the interests of investors. These objectives align with President Bola Tinubu’s Renewed Hope Agenda for economic prosperity.
According to the Securities and Exchange Commission (SEC), the meeting will provide a platform for key players within the Nigerian capital market to engage in discussions about the ISA 2025, considering its implications for the current industry landscape, the existing regulatory framework, and strategies for future expansion. Attendees will have the opportunity to exchange perspectives and affirm their shared commitment to cultivating a robust investment environment characterized by innovation, sustainability, and strong investor protection mechanisms.
The SEC stated that the meeting will address critical issues currently facing the market, ensuring these concerns receive thorough consideration. To facilitate informed deliberations, the committee will review comprehensive reports from various technical committees, market infrastructure providers, and industry observers. Emerging trends within the broader market landscape will also constitute a significant focus of discussion.
Furthermore, the Commission announced that the CMC meeting will also involve deliberations on effective strategies to further educate and enlighten Nigerians regarding the risks associated with unregistered investment schemes, as well as the legitimate investment products available within the regulated capital market.
The CMC is a vital industry-wide body that includes the SEC, various capital market operators, trade groups representing different segments of the market, and other relevant stakeholders.
It serves as a central platform for crucial dialogue, facilitating the open exchange of ideas and addressing key challenges that impact market growth and overall organization. The CMC also plays a collaborative role in shaping the future direction of the Nigerian capital market.
Established primarily as a mechanism for stakeholders to share insights and provide valuable feedback directly to the SEC, the CMC aids in the continuous improvement of market operations and the evolution of regulatory frameworks.
The upcoming meeting is expected to draw Chief Executive Officers from all registered capital market firms operating in Nigeria. This includes leaders from broker/dealer firms, investment advisory services, custodian companies, fund and portfolio management organizations, and other registered entities within the capital market ecosystem.
Attendance at both the CMC meeting on May 19 and the subsequent press briefing scheduled for the following day, Tuesday, May 20, 2025, at the SEC’s Zonal Office in Victoria Island, Lagos, is strictly by invitation and mandatory for all invited participants, who are expected to be seated by 9:45 am for both events. The press interface is designed to further engage with members of the media and disseminate key information and outcomes from the CMC meeting.
