Stakeholders in Nigeria’s capital market have called for stronger institutional reforms, improved regulatory coordination and enhanced investor protection to sustain market growth and strengthen confidence in the country’s financial system.
The call was made at the 2026 Annual Business Summit of the Capital Market Solicitors Association (CMSA) in Lagos, where regulators, legal practitioners, policymakers and financial market operators examined strategies for building a resilient capital market capable of supporting long-term economic development beyond periodic market rallies.
Chairman of the summit planning committee, Muhammed Abubakar (SAN), said sustainable capital market growth depends on effective collaboration among regulators, financial institutions and legal professionals. He noted that stronger legal frameworks, improved compliance and efficient dispute resolution mechanisms, are essential to attracting investment and preserving market integrity.
CMSA Chairman, Simisola Eyisanmi, said the Association was committed to promoting high professional standards within Nigeria’s investment and securities sector. She explained that this year’s Summit focused on governance reforms, regulatory efficiency, technological innovation, investor protection and sustainable finance as critical pillars for long-term market stability. She also urged investors to transact only with institutions licensed by the Central Bank of Nigeria and other relevant regulators.
Also speaking, Chairman of the Investments and Securities Tribunal, Hon. Junaidu Aminu, said the tribunal continues to play a vital role in strengthening investor confidence, by providing a specialised and efficient forum for resolving capital market disputes. He disclosed that the tribunal handles both original and appellate matters involving regulatory sanctions, listing disputes, compliance breaches and other investment-related cases, with efforts to conclude proceedings within stipulated timelines.
Delivering the Keynote Address on behalf of the Minister of Finance and Coordinating Minister of the Economy, Legal Compliance Special Adviser Chimdalu Omaliko-Nwosu attributed the recent improvement in investor confidence to ongoing macroeconomic reforms, including exchange rate liberalisation, fuel subsidy removal and tax reforms. She, however, stressed that sustaining the gains would require consistent Government policies, sound corporate governance and stronger legal institutions capable of supporting long-term investment.
Participants agreed that Nigeria’s capital market can only achieve lasting growth through transparent regulation, institutional discipline and effective legal safeguards that protect investors and inspire confidence. They expressed optimism that recommendations from the Summit would contribute to ongoing efforts to deepen the country’s financial markets and improve its competitiveness in the global investment landscape.