Securities and Exchange Commission Nigeria

Nigeria's Securities and Exchange Commission (SEC) regulates participation in the capital market and works to protect investors. It assesses securities, exchanges and market operators seeking registration, then monitors participants through inspections, information requests and audits. Its surveillance work covers exchanges and trading systems, helping it identify suspected manipulation and other breaches of market rules.

The commission investigates alleged misconduct and can take enforcement action against operators, including fines, suspensions and bans. It also develops rules and supports market development through investor education, workshops and public information programmes. Digital initiatives such as e-dividend form part of its efforts to improve how investors use market services. These responsibilities combine oversight of market conduct with work to broaden understanding of Nigeria's capital market.