The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that investors’ confidence is closely tied to how accountable and transparent financial institutions and market operators were.
In a statement today, the SEC chief noted that strong internal control mechanisms over financial reporting were essential for market integrity and investors’ trust.
“Internal control over our financial reporting is a critical part of disclosures.
“Whether in the securities market, for public companies, or other organisations, these controls strengthen accountability, transparency, and integrity within the financial system.
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“For investors, what matters is knowing that there is accountability, that people are doing what they ought to do, and that stewardship is being upheld.
“When investors see that management is committed to these principles, they are more likely to invest,” he added.
Speaking on the new Investment and Securities Act, 2025, Mr Agama said it introduced key reforms aimed at fostering a more transparent and efficient market.
“We are already seeing improved investor sentiment and increased confidence in the system,” he said.
He reiterated the commission’s commitment to professionalism and adherence to the law, noting that those values were driving improvements across the capital market.