By peace udugba- The Daily Torch Media
NGX Group, SEC, Police Deepen Alliance to Protect Investors, Safeguard Capital Market
The Nigerian Exchange Group Plc (NGX Group) on Wednesday hosted a Closing Gong Ceremony in honour of the Inspector-General of Police (IGP), Kayode Egbetokun, marking a renewed commitment to collaboration between capital market regulators and law enforcement agencies.
The ceremony underscored a shared resolve to strengthen investor protection, curb financial crimes and reinforce trust and confidence in Nigeria’s capital market.
Welcoming the IGP, the Group Chairman of NGX Group, Alhaji Umaru Kwairanga, commended the leadership of the Nigeria Police Force for its support in promoting market integrity. He described market integrity as a collective responsibility that requires strong institutional alignment.
“By honouring the Inspector-General of Police, we are reinforcing the importance of collaboration in protecting investors and preserving trust in our financial system,” Kwairanga said.
“Effective cooperation between regulators, enforcement agencies and market infrastructure institutions is critical to building a resilient and credible market that supports economic growth.”
Also speaking, the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, stressed the importance of coordinated enforcement in sustaining market confidence.
“Investor protection lies at the heart of market regulation, and today’s engagement highlights how vital collaboration with law enforcement is to achieving that mandate,” he said.
“This partnership strengthens enforcement capacity, deters illegal investment activities and reinforces confidence in the Nigerian capital market.”
In his response, IGP Kayode Egbetokun reaffirmed the commitment of the Nigeria Police Force to supporting capital market stability, noting that transparency and effective regulation are essential to economic growth.
“The Nigeria Police Force remains committed to working closely with regulators and market operators to prevent financial crimes, protect investors and uphold the integrity of Nigeria’s financial system,” he stated.
The Chairman of Nigerian Exchange Limited (NGX), Ahonsi Unuigbe, highlighted the Exchange’s role in ensuring market discipline, saying that orderly and transparent markets thrive only where rules are respected and misconduct is decisively addressed.
Similarly, the Group Managing Director/Chief Executive Officer of NGX Group, Temi Popoola, emphasised the need to align innovation with robust oversight.
“As the market grows and technology advances, strong enforcement and investor protection frameworks must remain central,” Popoola said.
“Our collaboration with the SEC and the Nigeria Police Force reflects a unified approach to safeguarding the credibility of Nigeria’s capital market.”
The event brought together key stakeholders across the capital market ecosystem, all reaffirming their commitment to accountability, transparency and investor confidence. The ceremonial Closing Gong symbolised a collective resolve to strengthen Nigeria’s financial system through sustained collaboration.
