Following the increased use of fintech, the security and exchange commission, had on Sunday in Abuja reaffirmed its commitment to investors in protection of their investment.
This was made known yesterday in Abuja by the Director-General, Dr Emomotimi Agama, who assured that this would help control maladministration of funds and bring into line operators with current rule.
Agama stated that it is time for fintech operators to be held to the rules of capital market when it comes to fund-raising.
In his statement ”While these trends bring new opportunities, they also come with challenges, particularly around regulation and investor protection.
”The digital age has transformed the investment landscape, offering greater accessibility, innovation, and opportunity.
”Investors must adapt to this evolving environment by embracing technology, seeking knowledge, and making responsible investment choices.
“The future of investment in Nigeria will likely be driven by the continued rise of technology, young investors, and evolving financial products,” he concluded
NAN