Agama re-elected IOSCO regional vice chair

The Securities and Trade Fee Nigeria has introduced the re-election of its director-general, Emomotimi Agama, because the Vice Chair of the Africa/Center East Regional Committee of the Worldwide Group of Securities Commissions.

The appointment, confirmed for a second time period spanning 2026–2028, solidifies Nigeria’s affect throughout the world customary setters for the securities trade.

In line with the SEC, by retaining this place, Nigeria maintains its crucial seat on the IOSCO Board, the organisation’s highest policy-making physique. The Fee famous that this function is pivotal for making certain that Nigeria’s regulatory priorities are represented when world requirements for monetary markets are being drafted.

The SEC and Director-Basic Agama highlighted the particular targets for this new time period by means of an announcement: “Past illustration, this improvement enhances Nigeria’s skill to contribute meaningfully to world regulatory dialogue, notably in areas equivalent to enforcement cooperation, market integrity, and investor safety.

“It creates a stronger platform for collaboration with different jurisdictions on cross-border regulatory points, together with tackling illicit monetary flows and strengthening supervisory frameworks.”

“In the end, this milestone reinforces Nigeria’s place as a number one voice in regional and world capital market improvement. It’s anticipated to contribute to constructing a extra resilient, clear, and sturdy capital market ecosystem”, the SEC assertion added.

Established in 1983, IOSCO members regulate greater than 95 per cent of the world’s securities markets. For Nigeria, this re-election is considered by trade analysts as a “vote of confidence” from peer regulators within the nation’s current regulatory progress and its dedication to aligning with worldwide finest practices.

The SEC stays centered on leveraging this worldwide platform to foster investor confidence and facilitate elevated participation in world monetary markets by means of 2028.