Companies Raise N446bn Through Capital Market In 4 Months – SEC

Nigerian companies raised approximately N446 billion  from the capital market between January and April 2025, Securities and Exchange Commission (SEC) has said.

Director general SEC, Dr. Emomotimi Agama, noted this at the Capital Market Committee (CMC) meeting on Monday in Lagos.

This is as the minister of Finance and coordinating minister of the Economy, Wale Edun, has underscored the invaluable role of the capital market in realizing Nigeria’s ambitious vision of establishing a $1 trillion economy.

Edun, who was represented by the minister of State for Finance, Dr. Doris Uzoka-Anite, outlined the market’s significant transformation since 2015.

He stated that key improvements include enhanced governance structures, the introduction of innovative products and platforms, a more robust regulatory environment, and increased investor participation.

According to him, the success of the Capital Market Master Plan (2015-2025) has been pivotal, boosting the market’s contribution to the national economy while fostering a sophisticated market structure and improving competitiveness.

Edun highlighted the updated plan’s focus on digitalisation, innovation, sustainability, inclusivity, and capital formation—all essential components of the broader economic reform agenda.

With the recent passage of a new act aimed at modernizing the legal and regulatory framework, Edun expressed optimism about the potential for deeper market participation and robust regulatory coordination.

He emphasised the government’s dedication to fostering an environment conducive to private sector innovation, promoting a fair and transparent marketplace.

He noted that the capital market is poised to contribute significantly to the economy, not only by facilitating capital raising but also by acting as a vehicle for wealth creation, promoting economic inclusion, and enhancing long-term national resilience.

Meanwhile, SEC DG, Agama said the capital was sourced through a combination of fixed income instruments and equities, demonstrating the market’s role in facilitating corporate fundraising.

Most companies raised capital through the debt market, with N265.90 billion raised through fixed income instruments, while N180.48 billion was mobilized via equities.

This is as the minister of Finance and Coordinating Minister of the Economy Wale Edun,unveiled the ISA Act of 2025.

Agama said that the enactment of the Investment and Securities Act (ISA) 2025 marks the beginning of a transformative new era for the capital market.

The SEC boss noted that the Commission has constituted an implementation team to thoroughly engage with every provision of the ISA 2025 and set up a dedicated sensitisation team to deepen public understanding of the new law.

He also noted the Commission’s efforts to enhance regulatory efficiency, promote market integrity, and protect investors.

Edun has emphasised the crucial role of the capital market in achieving the nation’s ambitious goal of becoming a $1 trillion economy.

Edun, who was represented by minister of State for Finance, Doris Uzoka-Anite, said the capital market has transformed since 2015, with improvements in governance structures, new products and platforms, a stronger regulatory environment, and growing investor participation.

According to the minister, the Implementation of the Capital Market Master Plan (2015-2025), has been instrumental in increasing the market’s contribution to the national economy, developing a sophisticated market structure, and improving competitiveness.

Edun said the revised plan prioritises digitalisation, innovation, sustainability, inclusion, and capital formation, aligning with the broader economic reform agenda. He said the passage of the new act modernises the legal and regulatory framework, streamlines enforcement mechanisms, and provides clarity on emerging areas such as digital assets and crowdfunding.

The minister added that the market is expected to contribute to the economy, serving not only for capital raising but also as a vehicle for wealth creation, economic inclusion, and long-term national resilience.