SEC URGES CAPITAL MARKET OPERATORS TO EMBRACE GREEN BONDS
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market operators in Nigeria to adopt green bonds and exchange-traded funds (ETFs) to promote growth and sustainability in the market. In a statement issued by the SEC on Tuesday, Agama highlighted the importance of these financial instruments in directing investment towards environmentally sustainable projects, while also enhancing market liquidity and investor participation.
Agama stated, “From green bonds to social impact investing, from derivatives to exchange-traded funds, both from the conventional and the non-interest prisms, the spectrum of financial instruments available to investors is vast and diverse.”
He emphasized the critical role of technology, particularly fintech solutions, in increasing market access, streamlining transactions, and improving transparency. Agama asserted that the SEC aims to ensure innovations in the capital market are guided by sustainability, inclusivity, and ethical conduct, promoting wealth generation alongside social and environmental responsibility.
The SEC DG urged stakeholders to prioritize sustainability and ethical practices in their financial innovations. He reaffirmed the SEC's commitment to maintaining market integrity, efficiency, and investor protection, and called for collaborative efforts among market participants, investors, and issuers to develop solutions that support sustainable development goals and a prosperous future for Nigeria.
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market operators in Nigeria to adopt green bonds and exchange-traded funds (ETFs) to promote growth and sustainability in the market. In a statement issued by the SEC on Tuesday, Agama highlighted the importance of these financial instruments in directing investment towards environmentally sustainable projects, while also enhancing market liquidity and investor participation.
Agama stated, “From green bonds to social impact investing, from derivatives to exchange-traded funds, both from the conventional and the non-interest prisms, the spectrum of financial instruments available to investors is vast and diverse.”
He emphasized the critical role of technology, particularly fintech solutions, in increasing market access, streamlining transactions, and improving transparency. Agama asserted that the SEC aims to ensure innovations in the capital market are guided by sustainability, inclusivity, and ethical conduct, promoting wealth generation alongside social and environmental responsibility.
The SEC DG urged stakeholders to prioritize sustainability and ethical practices in their financial innovations. He reaffirmed the SEC's commitment to maintaining market integrity, efficiency, and investor protection, and called for collaborative efforts among market participants, investors, and issuers to develop solutions that support sustainable development goals and a prosperous future for Nigeria.