Nigeria's Ministry of Finance used the Securities and Exchange Commission-hosted Capital Market Committee meeting to call on capital market operators to deepen investor confidence, strengthen financial literacy, and get ready to implement the Investment and Securities Act 2025 (ISA 2025) alongside a new Capital Market Master Plan 2030 (CMMP 2030). The ministry positioned the capital market as central to mobilising long-term finance to support the government’s ambition of becoming a USD 1 trillion economy within the next decade. The minister highlighted the need to channel capital into sectors including infrastructure, housing, manufacturing, technology, and energy, and stressed the importance of robust frameworks for capital absorption and orderly exit pathways for both foreign and domestic investors. He also advocated establishing a Market Literacy Fund and described ISA 2025 as a modernisation of Nigeria’s regulatory environment. In the same forum, the Securities and Exchange Commission’s Director General pointed to 2024 market performance, including a 37.65% gain in the NGX All-Share Index, market capitalisation above NGN 62 trillion, and NGN 460.55 trillion in debt market turnover, and flagged ongoing work with other agencies on recapitalisation, SME market access, technology-driven transparency, and strengthened AML/CFT and market integrity measures to support Nigeria’s exit from the Financial Action Task Force grey list.
Ministry of Finance (Nigeria) 2025-05-19
Nigeria's Ministry of Finance urges capital market operators to prepare for ISA 2025 implementation and the CMMP 2030 rollout
Nigeria's Ministry of Finance urged capital market operators to boost investor confidence and financial literacy for the Investment and Securities Act 2025 and the Capital Market Master Plan 2030. The ministry emphasized the capital market's role in mobilizing long-term finance for a USD 1 trillion economy, highlighting the need for robust frameworks for capital absorption and investor exit pathways. The Securities and Exchange Commission reported a 37.65% gain in the NGX All-Share Index and efforts to improve market transparency and integrity.