Nigeria’s non-interest capital market hits N1.6trn — SEC

By Obas Esiedesa, Abuja

The Securities and Exchange Commission (SEC) has announced that Nigeria’s non-interest superior marketplace has expanded to N1.6 trillion, underscoring increasing capitalist assurance and accrued information successful ethical finance.

SEC’s Director-General, Dr. Emomotimi Agama, disclosed this successful Abuja during a associated property briefing up of the 7th African International Conference connected Islamic Finance (AICIF), scheduled to instrumentality spot successful Lagos connected November 4 and 5, 2025.

The conference, jointly organised by the SEC, Metropolitan Law Firm, and Metropolitan Skills Ltd, is themed “Africa Emerging: A Prosperous and Inclusive Outlook.” It aims to beforehand ethical financing arsenic a operator of inclusive and resilient economical maturation crossed Africa.

Agama described the upcoming lawsuit arsenic timely, coinciding with the decision of the Revised Nigerian Capital Market Masterplan (2021–2025), and said it would supply a level for shaping the adjacent signifier of sustainable fiscal improvement connected the continent.

“This year’s taxable is simply a telephone to enactment — it’s astir harnessing ethical concern arsenic a instrumentality to physique a much prosperous and equitable Africa,” helium said.

According to him, Sukuk instruments proceed to predominate the non-interest superior market, with the astir caller issuance oversubscribed by much than 700 percent, reflecting investors’ increasing appetite for ethical fiscal products.

“The non-interest superior marketplace has attained a valuation of N1.6 trillion. The overwhelming subscription to our Sukuk issuances demonstrates beardown capitalist assurance and a rising request for ethical fiscal instruments,” helium stated.

Agama noted that the enactment of the Investments and Securities Act (ISA) 2025 has further enhanced the ineligible model for non-interest products, empowering the SEC to registry non-interest corporate concern schemes and diversify concern instruments disposable successful the market.

“The caller Act is simply a game-changer. It modernises our regulatory framework, enhances transparency, and gives investors the assurance needed to prosecute much profoundly with ethical finance,” helium added.

He explained that the AICIF 2025 volition diagnostic high-level sessions focused connected unlocking superior for infrastructure, greenish investments, cultivation financing, and fintech-driven translation successful Islamic finance.

“This is not conscionable different conference. It is simply a problem-solving level that volition present actionable strategies to thrust caller concern flows and pass aboriginal regulatory policies,” Agama emphasised.

Also speaking, Ummahani Amin, Managing Partner astatine Metropolitan Law Firm and Chair of the AICIF 2025 Planning Committee, described the league arsenic 1 of Africa’s starring gatherings for policymakers, regulators, investors, and innovators committed to advancing ethical and sustainable finance.

She highlighted the SEC’s concern arsenic a objection of shared committedness to strengthening the Islamic concern ecosystem, deepening capitalist confidence, and fostering innovation that aligns with integrity and shared prosperity.

Amin added that the 2025 variation comes astatine a pivotal moment, arsenic African economies question sustainable approaches to financing development, noting that Islamic concern remains 1 of the fastest-growing segments of the planetary fiscal system.

The station Nigeria’s non-interest superior marketplace hits N1.6trn — SEC appeared archetypal connected Vanguard News.