The National Orientation Agency (NOA) and the Securities and Exchange Commission (SEC) have strengthened collaboration to deepen public understanding and participation in Nigeria’s capital market.
The renewed partnership is aimed at sensitising Nigerians on legitimate investment opportunities while curbing the spread of fraudulent schemes that continue to undermine investor confidence.
Addressing a delegation from the SEC on Thursday, Director-General of NOA, Mallam Lanre Issa-Onilu, commended the Commission’s reforms and achievements under its current leadership, particularly efforts geared towards strengthening regulatory oversight and restoring confidence in the capital market.
Issa-Onilu described the proliferation of Ponzi schemes as a reflection of a deficit in the nation’s value system, stressing that NOA remains committed to value reorientation through sustained public enlightenment. He noted that this commitment informed the development of the National Values Charter, which clearly outlines the principles and civic responsibilities that define responsible citizenship.
Highlighting the Agency’s nationwide reach, he disclosed that NOA would deploy its 818 offices across the country, 193 partner radio stations broadcasting in 72 Nigerian languages, and major television platforms including Channels Television, Arise News, Africa Independent Television (AIT), TVC News and the Nigerian Television Authority (NTA) to educate citizens on opportunities within the capital market.
Earlier, Director-General of SEC, Dr Emomotimi Agama, reaffirmed that the Commission remained the apex regulator of Nigeria’s capital market, overseeing the Nigerian Exchange Group (NGX) and other investment platforms. He explained that these platforms provide avenues for individuals and institutions to participate in mainstream investments that support national growth and economic development.
Agama emphasised that collaboration with NOA is critical to expanding public awareness, noted that the Commission intends to leverage the Agency’s extensive grassroots network to educate Nigerians on legitimate investment opportunities while sensitising them to fraudulent practices, including Ponzi schemes.
The meeting, attended by management teams of both organisations, featured the presentation of Information, Education and Communication (IEC) materials, including the Investments and Securities Act (ISA) 2025, to the NOA Director-General by his SEC counterpart. In return, Issa-Onilu presented a plaque to Agama highlighting the values enshrined in the National Values Charter.
