The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed the Commission’s commitment to leveraging cutting-edge technologies like blockchain and quantum computing to drive innovation in Nigeria’s capital market. Speaking at the Comercio Partners H2 2025 Outlook event in Lagos, Agama emphasized the need to balance technological progress with robust investor protection.
Agama highlighted the transformative role of emerging technologies such as artificial intelligence, blockchain, and quantum computing in reshaping global trade and finance. He noted that traditional economic models are being upended by rapid innovation and geopolitical shifts, creating both new opportunities and challenges for Nigeria and the broader African continent.
The SEC chief underscored the relevance of quantum computing in revolutionizing capital markets, citing its potential to enhance risk modeling, asset pricing, and fraud detection with unprecedented speed and accuracy. He described quantum innovation as “the next frontier,” urging Nigeria to take a leading role in the continent’s digital evolution.
To fully capitalize on these opportunities, Agama stressed the importance of investing in science, technology, engineering, and mathematics (STEM) education. He called for stronger collaboration between the government, private sector, and academia to build a digitally skilled workforce capable of navigating a tech-driven economy.
Looking ahead, the SEC plans to introduce policies that support tokenised assets, digital securities, and green bonds. Agama believes Nigeria’s position as Africa’s largest economy places it in a prime spot to spearhead financial innovation through regulatory sandboxes and inclusive digital strategies, aligning with global trends toward a sustainable, technology-enhanced capital market.
Source: Punch