The Nigerian Exchange Group (NGX) says ongoing regulatory reforms, including the new Investment and Securities Act (ISA) 2025, are reshaping the country’s capital market to attract deeper investment flows and strengthen investor protection.
NGX Chairman, Dr. Umaru Kwairanga, stated this at the 2025 Capital Market Correspondents Association of Nigeria (CAMCAN) Workshop in Lagos, themed “Regulatory Reforms: ISA 2025 and Nigeria’s Investment Climate.”
Kwairanga described ISA 2025 as a landmark regulatory upgrade that positions Nigeria for stronger market governance and global competitiveness. He said the reforms go beyond routine updates and represent “foundational shifts” required to modernise capital market architecture and draw larger pools of domestic and international capital.
He reaffirmed NGX’s support for policies that promote transparency and broaden investor participation. One such innovation, he said, is NGX Invest, a digital platform that simplifies public offers and rights issues and has already enabled millions of retail investors to participate directly in capital-raising activities. The platform, he added, has enhanced compliance, transparency and efficiency in the primary market—key priorities of ISA 2025.
Kwairanga also emphasised the crucial role of capital market reporters, noting that accurate, contextual and timely communication is essential for sustaining public trust, especially in an era challenged by misinformation. He urged CAMCAN members to maintain high standards of professionalism as they help bridge policy reforms, market activities and investor sentiment.
He said credible reporting remains indispensable to strengthening transparency, shaping investor perception and supporting Nigeria’s ambition to build a more competitive and resilient capital market.
