The Director-General Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, recently revealed that the Nigeria’s non-interest capital market has grown to N1.6 trillion.
According to him, the achievement is a milestone that signals growing investor confidence and deepening financial inclusion in Nigeria.
In a joint press briefing ahead of the 7th African International Conference on Islamic Finance (AICIF), scheduled to hold on November 4 and 5, 2025, Agama described the upcoming conference as strategically positioned to coincide with the conclusion of the Revised Nigerian Capital Market Master-plan (2021–2025), adding that it would serve as a platform for charting the next phase of sustainable financial development across the continent.
Agama stated thus:
“The non-interest capital market has attained a valuation of N1.6tn. The overwhelming subscription to our Sukuk issuances demonstrates strong investor confidence and an expanding demand for ethical financial instruments”
“The new Act is a game-changer. It modernizes our regulatory framework, enhances transparency, and gives investors the confidence needed to engage more deeply with ethical finance.”
“This is not just another conference. It is a problem-solving platform that will deliver actionable strategies to drive new investment flows and inform future regulatory policy”
“The insights generated will help shape the next phase of our capital market’s growth, ensuring it remains a strong engine for Nigeria’s economic development”