President Bola Tinubu’s assent to the Investments and Securities Bill (ISB) 2025 reflects a commitment to building a dynamic, inclusive, and resilient capital market, the Director General of the Securities and Exchange Commission (SEC), Dr Emomoitimi Agama, has said.

Tinubu had signed the bill into law, repealing the Investments and Securities Act No. 29 of 2007 and enacting the Investments and Securities Act 2025.

The SEC in a statement signed by the Head of External Relations Department, Efe Ebelo, at the weekend, disclosed Tinubu’s assent to the bill.

The National Assembly had transmitted the bill to Tinubu for his assent on February 18.

The act reaffirms the authority of the Securities and Exchange Commission (SEC) as the apex regulatory authority of the Nigerian Capital Market as well as to regulate the market to ensure capital formation, the protection of investors, and maintenance of a fair, efficient and transparent market.

The act also introduces transformative provisions to further align Nigeria’s market operations with international best practices.

Speaking on key highlights of the act, Agama, said, “The act enhances the regulatory powers of the SEC in a manner comparable with benchmark global securities regulators.”

He lauded the president’s assent as a transformative step for the capital market, saying the ISA 2025 reflects a commitment to building a dynamic, inclusive, and resilient capital market.