In a significant move to reinforce investor confidence and market discipline, Nigerian Exchange Group Plc (NGX Group) hosted a Closing Gong Ceremony on Wednesday in honour of Inspector-General of Police, IGP Kayode Egbetokun. The event marked a strengthened partnership between capital market regulators and law enforcement, aimed at preventing financial crime and enhancing the credibility of Nigeria’s financial system.
Alhaji Umaru Kwairanga, Group Chairman of NGX, welcomed the IGP and highlighted the importance of institutional cooperation.
“Market integrity is a shared responsibility. By honouring the Inspector-General of Police, we emphasize the critical role of alignment between regulators, enforcement agencies, and market infrastructure institutions in protecting investors and building a resilient, credible market that drives economic growth,” Kwairanga said.
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, reinforced the importance of coordinated enforcement. “Investor protection is central to market regulation. Collaboration with law enforcement strengthens our enforcement capacity, deters illegal investment activities, and reinforces confidence in the Nigerian capital market,” he said.
In his response, IGP Kayode Egbetokun affirmed the Police Force’s commitment to maintaining transparency and integrity in the financial sector. “A transparent and well-regulated capital market is vital to Nigeria’s economic growth. The Nigeria Police Force is committed to working closely with regulators and market operators to prevent financial crime, protect investors, and uphold the integrity of our financial system,” Egbetokun said.
Ahonsi Unuigbe, Chairman of Nigerian Exchange Limited (NGX), underscored the Exchange’s role in enforcing market discipline. “A transparent and orderly market can only thrive where rules are respected and misconduct is addressed decisively.
The Nigeria Police Force’s active involvement signals that safeguarding the market is a national priority,” he noted.
Temi Popoola, Group Managing Director and CEO of NGX, emphasized the balance between innovation and oversight.
“Technology and market growth must be matched with strong enforcement and investor protection frameworks. Our collaboration with the SEC and Nigeria Police Force demonstrates a unified approach to preserving the credibility of Nigeria’s capital market,” Popoola said.
The event brought together leaders across the capital market ecosystem, all reaffirming their commitment to accountability, transparency, and investor confidence. The ceremonial Closing Gong symbolized a collective resolve to enhance Nigeria’s financial system through sustained collaboration between regulators, market operators, and law enforcement agencies.
NGX Group, SEC, and the Nigeria Police strengthen collaboration to protect investors, prevent financial crime, and uphold integrity in Nigeria’s capital market.
At a Closing Gong Ceremony, NGX, SEC, and the Nigeria Police reinforce partnerships to safeguard market integrity, enhance investor protection, and promote transparency in Nigeria’s capital market.
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