NOA and SEC Enhance Collaboration to Boost Public Awareness of Nigerian Capital Market Opportunities

In an effort to foster a greater understanding and engagement with the financial sector, the National Orientation Agency (NOA) and the Securities and Exchange Commission (SEC) are enhancing their partnership to inform Nigerians about investment potentials in the Nigerian Capital Market.

During a meeting with the SEC delegation, Lanre Issa-Onilu, the Director- General of NOA, praised the Commission for its recent advancements and regulatory reforms under current leadership. He highlighted how these initiatives have bolstered regulatory oversight and have inspired increased investor trust.

Issa-Onilu characterized Ponzi schemes as indicative of a deficit in the national value framework. He reaffirmed the Agency’s commitment to promoting value reorientation, which has led to the establishment of the National Values Charter that articulates the responsibilities and principles of a genuine Nigerian.

He pointed out that the NOA will utilize its extensive infrastructure, which includes 818 offices across the country, 193 partner radio stations in 72 languages, and the primary television networks, including Channels, Arise, AIT, TVC, and NTA, to educate Nigerian citizens about opportunities in the capital market.

Emomotimi Agama, the Director-General of SEC, articulated the Commission's role as the primary regulator of Nigeria's capital market, overseeing entities such as the Nigerian Stock Exchange (NGX). He mentioned that these platforms provide citizens with avenues for mainstream investment that subsequently contribute to the nation’s economic development and growth.

He also highlighted that collaboration with the NOA is vital in harnessing the Agency's robust outreach abilities to educate the populace on capital market opportunities while raising awareness about fraudulent schemes like Ponzi schemes that exploit unsuspecting investors.

The discussions included a presentation of educational materials, such as the latest Investments and Securities Act (ISA) 2025, from the SEC to the NOA’s Director-General, who in turn presented a plaque to SEC's DG, signifying the values embedded in the National Values Charter.