SEC and CRMI  Boost Nigeria’s Capital Market’s Risk Governance

SEC and CRMI Boost Nigeria’s Capital Market’s Risk Governance

In an effort to boost investor confidence, improve transparency, and strengthen proactive risk oversight throughout the Nigerian capital market, the Securities and Exchange Commission (SEC) and the Chartered Risk Management Institute of Nigeria (CRMI) have trained regulated capital market entities on enhancing enterprise risk management (ERM). Speaking at the training session, CRMI President Mr. Kevin Ugwuoke—represented by Eneni Oduwole, the Institute’s First Vice-President—stated that CRMI is still dedicated to maintaining globally recognized standards through its affiliations with IFRIMA and FARMA.He praised the SEC for its ongoing collaboration and commitment to creating a transparent and risk-aware marketplace. According to Ugwuoke, the program’s insights on “Strengthening Risk Governance and Compliance in the Nigerian Capital Market” would assist operators in enhancing overall market resilience, strengthening compliance cultures, and improving governance structures. “With the recent passage of the Investment and Securities Act (ISA) 2025, our capital market is about to enter a period that calls for more robust enterprise risk management systems, increased compliance, and stronger corporate governance. The purpose of today’s engagement is to assist regulated firms in matching Nigeria’s changing regulatory environment with international best practices, he stated.

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