The Securities and Exchange Commission has reaffirmed its commitment to eradicating Ponzi and pyramid schemes to create a conducive environment for legitimate investment opportunities to flourish in 2025. Dr Emomotimi Agama, the Director-General of SEC, emphasized in a New Year address that safeguarding investors is a top priority for the commission. Agama outlined the SEC’s focus on enhancing market integrity, boosting investor confidence, and driving economic growth. The commission aims to regulate and develop the Nigerian capital market while cracking down on fraudulent activities and enhancing enforcement measures. Agama highlighted the importance of transparency, market fairness, and efficient dispute resolution, particularly through the Investments and Securities Tribunal. Strengthening the legal framework of the commodities market to support economic growth is also a key agenda for the SEC in 2025. Agama stressed the commission’s dedication to building a robust and inclusive capital market, inviting stakeholders to collaborate in achieving these goals for the benefit of the Nigerian economy.
SEC pledges crackdown on Ponzi scams, promises stronger capital market
