BY NGOZI ONYEAKUSI

SEC

The  Director General, Securities and Exchange Commission  (SEC) Dr. Emomotimi Agama, has said the Commission will enforce regulations in the fintech ecosystem to curb mismanagement of funds and align operators with existing rules.

 

Agama who made this known over the weekend said a regulatory environment that is conducive for the innovative use of technology is essential in the drive to transform Nigeria adding that it is time for fintech operators to be held to the rules of the capital market when it comes to fundraising. Also speaking during a Panel discussion at the event, the Director, Registration, Exchanges and Market Infrastructure Department of the Commission, Hasfat Rufai, said despite the new disruptions, it will continue to ensure investors do not lose their investments. “While these trends bring new opportunities, they also come with challenges, particularly around regulation and investor protection,” she said. Rufai added that the rise of digital platforms, access to global markets, and growing interest in cryptocurrencies, fintech, and startups have reshaped how Nigerians invest. “The digital age has transformed the investment landscape, offering greater accessibility, innovation, and opportunity. Investors must adapt to this evolving environment by embracing technology, seeking knowledge, and making responsible investment choices.