The Securities and Exchange Commission has launched a podcast aimed at increasing public awareness and participation in Nigeria’s capital market, particularly among women.
The Minister of State for Finance, Doris Uzoka-Anite, made this known during the official launch of the podcast in Abuja on Monday, stating that it would serve as a tool for educating Nigerians about investment opportunities and financial literacy.
She noted that women, despite their financial management skills, often lack access to investment knowledge, stressing the need for policies and reforms that encourage female participation in the financial sector.
“Women are actually very good with investing; we know how to manage money in the home and make it go round. If a woman learns how to multiply her income and save in a way that adds value, she will be better positioned financially,” Uzoka-Anite said.
The minister urged Nigerian women to explore the capital market as a pathway to wealth creation, adding that a vibrant and inclusive market would contribute to the country’s economic transformation.
“The capital market is crucial in setting the economy free, achieving the $1tn economy goal, boosting industries, creating jobs, and unlocking Nigeria’s economic potential. The government is implementing reforms to make the market more robust, transparent, and efficient,” she added.
Speaking at the event, SEC Director-General Emomotimi Agama said the podcast was designed to reach Nigerians across all regions, including those in rural areas, to educate them on capital market opportunities.
“We want people in the most remote parts of this country to be aware of the capital market and how they can participate to create wealth. We are particularly interested in increasing female participation, and we hope this podcast will help us reach them,” he said.
Agama emphasised the role of investor education in protecting market participants, calling on women to avoid fraudulent investment schemes that promise unrealistic returns.
The PUNCH reported that the Securities and Exchange Commission has said that it is working to expand the capital market education curriculum for Nigerian universities.