SEC’s 20m investors target requires collaboration with fintechs, others – Uwaleke
President of the Capital Market Academics of Nigeria (CMAN), Uche Uwaleke, has said the Securities and Exchange Commission’s plan to attract 20 million new investors in 2026 will only be achievable through strong collaboration with fintech firms and other market stakeholders.
Speaking in an interview with the News Agency of Nigeria (NAN) on Sunday, Uwaleke stated that while the target is realistic, it requires a coordinated ecosystem approach involving regulators, exchanges, banks, universities, market operators, and technology platforms to drive broad retail participation.
His comments follow the recent inauguration of a liquidity working group by the Securities and Exchange Commission of Nigeria aimed at expanding the investor base by no fewer than 20 million participants.
