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NOA, SEC Intensify Grassroots Drive on Safe Investments

NOA, SEC Intensify Grassroots Drive on Safe Investments

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By Mercy Peter

 

The National Orientation Agency (NOA) and the Securities and Exchange Commission (SEC) have concluded arrangements to promote greater public understanding and participation in Nigeria’s capital market.
The partnership is part of efforts to enhance financial literacy and protect citizens from fraudulent investment schemes.

Speaking during a meeting with a delegation from the SEC on February 13, 2026, the Director-General of NOA, Mallam Lanre Issa-Onilu, commended the Commission for reforms and regulatory strides recorded under its current leadership.

 

He noted that recent improvements in oversight and enforcement have contributed to rebuilding investor confidence and stabilising the investment climate.

Issa-Onilu described the persistent spread of Ponzi schemes as symptomatic of a deeper value deficit within society.

He stressed that addressing such challenges requires sustained value reorientation, adding that this objective informed the development of the National Values Charter a framework outlining the principles, responsibilities, and civic obligations expected of Nigerians.

Highlighting NOA’s nationwide outreach capacity, the Director-General said the Agency would deploy its 818 offices across the country, 193 partner radio stations broadcasting in 72 Nigerian languages, and the Big Five television networks Channels Television, Arise News, African Independent Television, TVC News, and Nigerian Television Authority to drive sustained public education campaigns.

 

According to him, the collaboration will help Nigerians better understand legitimate investment opportunities and make informed financial decisions.

The Director-General of SEC, Emomotimi Agama, underscored the Commission’s statutory role as the apex regulator of Nigeria’s capital market.

He explained that the SEC oversees the Nigerian Exchange Group (NGX) and other authorised investment platforms, providing Nigerians with structured avenues to invest in equities, bonds, and other financial instruments that support national economic growth.

Agama also stressed that the partnership with NOA is strategic, particularly in light of the Commission’s determination to clamp down on fraudulent operators who exploit unsuspecting investors through Ponzi schemes and other unregistered schemes.

He noted that leveraging NOA’s grassroots communication infrastructure would significantly expand the Commission’s investor education initiatives and reinforce efforts to sanitise the market.

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