Nigeria Securities and Exchange Commission (SEC) will unveil two new digital platforms, an investor focused USSD service and an ISA Audio learning tool in a push to widen participation and improve accessibility across the capital market.
The launch will take place during the fourth-quarter Capital Market Committee (CMC) meeting on December 8 at the Federal Palace Hotel in Lagos, with further engagement expected through a media briefing on December 9.
The new solutions reflect the regulator’s determination to break information barriers that have historically excluded millions of potential retail investors. Through the USSD channel, basic investment services will become accessible even to people without smartphones or internet access, enabling them to check account details, verify identity, and engage more easily with regulated market structures. Meanwhile, the ISA Audio platform seeks to make investor education more inclusive by delivering simplified voice-based content that can reach audiences with limited literacy or who prefer learning through spoken instruction.
SEC officials describe the rollout as part of a larger agenda to democratise access to market knowledge, strengthen confidence, and bring more Nigerians into wealth-building opportunities through regulated investments.
However, the product launch is only one component of a much broader conversation unfolding at the December CMC meeting. The forum is expected to examine emerging global economic trends and how they influence domestic markets, while also highlighting the increasing need for African capital market integration to support cross-border investment flows.
A major focus will be reviewing the Capital Market Master Plan (CMMP) and with the current plan scheduled to conclude in 2025, stakeholders will assess progress made since inception and begin mapping out the framework for its successor which is projected to guide market development through 2030. The review is targeted at ensuring that policy execution, market reforms and regulatory initiatives remain aligned with national economic priorities.
Discussions will also centre on deepening liquidity, expanding pension fund activity within capital markets and strengthening innovation through refined regulation, areas seen as vital for market competitiveness and growth. Delegates are expected to analyse recent tax reform legislation and how changes in the fiscal environment affect investment behaviour, market efficiency and foreign and domestic investor sentiment.
The CMC, comprising the SEC, operators, professional associations and policy stakeholders, was established as a hub for collective problem-solving, consultation and knowledge sharing. This quarter’s meeting will draw chief executives of brokerage firms, custodians, fund managers, investment advisers and other licensed market institutions.
Taken together, the launch of these digital platforms and the agenda for the CMC meeting underscore the SEC’s intensifying commitment to reposition the Nigerian capital market as an inclusive, technology-driven engine for economic growth. By expanding accessibility, enhancing communication and aligning reforms with global best practices, the Commission aims to create a market in which everyday Nigerians can participate confidently and meaningfully.
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