• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 23, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

SEC Joins IOSCO-ISSB Collaboration For Sustainability Standards Implementation

by Olushola Bello
3 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

In response to the growing demand for standardised and reliable sustainability reporting, the Securities and Exchange Commission (SEC) Nigeria has joined the Growth and Emerging Markets Committee Network (GEMC).

Advertisement

This initiative aligns with other jurisdictions’ efforts to enhance sustainability practices in capital markets.

The GEMC Network was established to facilitate the effective adoption of the International Sustainability Standards Board (ISSB) Standards across growth and emerging markets.

By becoming a part of this network, Nigeria will gain access to valuable resources and support aimed at building capacity in supervisory and enforcement aspects of the ISSB Standards. Key resources made available through the IFRS Foundation, such as the Jurisdictional Guide and educational materials, will assist in assessing market readiness and advancing the implementation of these standards.

 

RELATED

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

6 hours ago
Three Crown Celebrates 2025 Mum Of The Year Campaign

Three Crown Celebrates 2025 Mum Of The Year Campaign

16 hours ago
ADVERTISEMENT

Speaking at the IOSCO Annual Meeting in Doha, Qatar, the director-general of SEC Nigeria, Dr. Emomotimi Agama, highlighted the importance of GEMC in nurturing sustainable, resilient capital markets in emerging economies.

 

He emphasised that Nigeria’s membership in GEMC is a significant move towards aligning the nation’s capital markets with global sustainability standards.

ADVERTISEMENT

 

Agama stated, this membership will enhance Nigeria’s credibility in the global capital markets, attracting foreign investments and promoting economic growth.

 

He noted that GEMC’s emphasis on sustainability will allow Nigeria’s capital markets to contribute positively to the country’s sustainable development goals, including reducing carbon emissions and protecting the environment.

 

He further added, “joining GEMC will provide our securities regulators with access to best practices and guidelines on sustainable finance, allowing us to develop a more robust regulatory framework.”

 

Agama also discussed the benefits of SEC Nigeria’s membership in IOSCO, which sets international standards for securities regulation, pointing out that “this collaboration would enable Nigeria to actively contribute to the development of these global standards while facilitating international cooperation and information exchange. This aligns with IOSCO’s commitment to market integrity, ensuring high standards of transparency, fairness, and investor protection in Nigeria’s capital markets.”

 

The ISSB Standards, published in June 2023, address the demands of investors for reliable and comparable sustainability-related information. These standards enable consistent and transparent sustainability disclosures, meeting the informational needs of investors and other market participants. Following an in-depth review, IOSCO endorsed the ISSB Standards for capital market use in July 2023, inviting its members to explore ways to adopt or apply these standards effectively.

Recognising the need for reliable sustainability reporting, IOSCO launched the Sustainable Finance Task Force (STF) in 2020 to address gaps in corporate sustainability disclosures. Following the draft publication of the ISSB’s sustainability standards in 2022, IOSCO provided extensive feedback to ensure alignment with its criteria. This collaborative process underscored IOSCO’s commitment to promoting effective and transparent sustainability reporting across global markets.

Overall, the establishment of the GEMC Sustainability Network signifies a positive advancement towards more sustainable capital markets globally.

 

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: SEC
SendShare10172Tweet6358Share
ADVERTISEMENT
Previous Post

French Food Firm, Danone, Eyes Nigerian Market

Next Post

See Tax Payment As Constitutional Duty, Expert Urge Nigerians

Olushola Bello

Olushola Bello

You May Like

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes
Business

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

2025/08/23
Three Crown Celebrates 2025 Mum Of The Year Campaign
Business

Three Crown Celebrates 2025 Mum Of The Year Campaign

2025/08/23
NGX Group Appoints Popoola As GMD/CEO
Business

Domestic Investors Dominate NGX Trades With N1.67trn In July

2025/08/23
FG Completes Repairs On Tin Can Port Access Road
Business

Customs Generates N16.4bn In Single Day At Tin Can Port

2025/08/23
Firm To Sustain Leadership, Youth Empowerment, Unlocks 6,000bpd  In Nigeria
Business

Firm To Sustain Leadership, Youth Empowerment, Unlocks 6,000bpd In Nigeria

2025/08/23
IMO Ready To Collaborate With NIMASA On Marítime Challenges – Scribe
Business

NIMASA Pledges Increased Monitoring, Enforcement On Vessels Over Marine Pollution

2025/08/23
Leadership Conference advertisement

LATEST

Arsenal Thrash Leeds United 5-0 To Maintain Winning Streak

Katsina Gov’t Procures 8 New Armoured Vehicles To Combat Insecurity

Tinubu Mourns Ex-Plateau Military Gov Mana

Yoruba Nation Agitator Sunday Igboho Apologises To Ooni, Seeks Help To Get Name Off Security Watchlist

Police Arrest Armed Robbery, Car-snatching Syndicate In Abuja

Annual Confab: NBA President Leads Lawyers On 10km Health Walk In Enugu

Federal Gov’t Warns Kebbi, Niger, Kwara Residents To Leave Flood-prone Areas

‘You’re Collecting Salaries But Can’t Defend Gov’t,’ Oyebanji Slams ‘Disloyal Appointees’

Reps Query NERC, Others Over Disbursement Of N59bn National Metering Fund

NAF Airstrikes Kill 35 Terrorists At Nigeria, Cameroon Border

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.