NGX Group, SEC and Nigeria Police Force deepen collaboration to safeguard capital market integrity In a significant development for Nigeria’s financial markets, Nigerian Exchange Group Plc (NGX Group) has intensified its partnership with the Securities and Exchange Commission (SEC) and the Nigeria Police Force, in a move aimed at strengthening investor protection, deterring financial crime and reinforcing trust in the nation’s capital market.
The renewed collaboration was highlighted during a Closing Gong Ceremony held by NGX in honour of the Inspector‑General of Police, Kayode Egbetokun, underscoring a shared commitment among regulators and law enforcement to uphold market integrity and protect investors.
Nairametrics At the event, NGX Group’s Chairman, Umaru Kwairanga, emphasised that market integrity is “a shared responsibility”, noting that institutional alignment between regulators, enforcement agencies, and market infrastructure operators is essential for building a resilient and credible financial system that supports economic growth.
According to Kwairanga, honouring the leadership of the Nigeria Police Force reflects NGX’s recognition of the critical role that law enforcement plays in safeguarding confidence and trust in the capital market.
The Director‑General of the SEC, Dr. Emomotimi Agama, highlighted the importance of coordinated enforcement in deterring misconduct and illegal investment activities.
He said that while regulation sets the rules, effective collaboration with law enforcement enhances the SEC’s capacity to enforce those rules and protect investors, strengthening confidence in the Nigerian capital market.
In his response, IGP Kayode Egbetokun reaffirmed the Nigeria Police Force’s commitment to working closely with both the SEC and NGX Group to prevent financial crime and uphold the integrity of the financial system.
Egbetokun stressed that a transparent and well‑regulated capital market is vital to Nigeria’s economic growth, and that law enforcement will play an active role in protecting market participants and deterring criminal activity.
Tribune OnlineAlso speaking at the ceremony, Ahonsi Unuigbe, Chairman of Nigerian Exchange Limited, reiterated the importance of market discipline and decisive action against misconduct, saying that a transparent and orderly market can only thrive when rules are respected.
Temi Popoola, Group Managing Director and Chief Executive Officer of NGX Group, added that innovation and market expansion must be supported by strong oversight and investor protection frameworks, pointing to the collaboration with the SEC and the police as a unified approach to preserving credibility.
The Closing Gong event brought together key stakeholders across the capital market ecosystem and symbolised a collective resolve to strengthen Nigeria’s financial system through sustained cooperation, accountability, and enhanced investor confidence.
Image Credit: Nairametrics
Source: Nairametrics
