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[QUOTE="Munyaradzi Mafaro, post: 82014, member: 636"]
Nigeria’s market watchdog just got big muscle to crush shady traders. The Securities and Exchange Commission intends to increase penalties significantly in 2026 since the Investments and Securities Act 2025 grants fresh authority. Director General Emomotimi Agama stated the agency will utilize these expanded legal rights to restore investor trust. He insists strict supervision is needed to guarantee market integrity.

Officials plan to target insider dealing and scam artists who steal from regular people. The regulator wants to enforce rules firmly without showing bias toward anyone involved in misconduct. Operations will shift online to quicken approvals while automating file submissions. This digital pivot aims to reduce friction while enhancing transparency.

Fresh mandates require firms to handle ESG reporting alongside capital reviews. Intermediaries must undergo governance checks to ensure they can manage financial risks. Agama wants to balance open market access with heavy safety nets for small businesses.

A countrywide education program will launch soon to teach citizens about money. This literacy initiative hopes to stop individuals from falling for obvious fraud schemes.
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