SEC to democratise information dissemination, enhance investor engagement with USSD Code, ISS Audio

The Securities and Exchange Commission (SEC) is set to unveil two innovative products – a USSD Service and ISA Audio – designed to democratise information dissemination and enhance investor engagement. This is in line with the SEC’s commitment to deepening market accessibility.

According to the Commission, the products unveiling will take place at the forthcoming Capital Market Committee Meeting scheduled for December 8 in Lagos, while the regular interface with journalists is expected to take place on December 9, 2025.

The SEC disclosed that the forthcoming CMC will interrogate critical themes germane to the sustainable development of Nigeria’s capital market. Central to these deliberations include discussion on global macroeconomic dynamics and their transmission effects on domestic financial markets, as well as the importance of cross-border financial integration within the African context.

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“Equally salient are discourses on unlocking pension fund investments, enhancing market liquidity, and stimulating innovation through targeted regulatory reforms.

“A significant component of the programme will be devoted to evaluating the trajectory of the Capital Market Master Plan (CMMP). This will encompass a comprehensive review of key achievements and the formal sunset of the 2025 CMMP, alongside the articulation of a strategic framework for the 2030 CMMP Plan” the Commission stated.

Furthermore, the agenda incorporates an analytical session on Nigeria’s recent tax reform legislation and its implications for capital market efficiency and investor confidence.

The SEC said, Collectively, these discourses and initiatives underscore the strategic resolve to reposition the Nigerian capital market as a catalyst for inclusive and sustainable economic growth, consistent with national development objectives and global best practices.

The CMC is an industry-wide body comprising the SEC, capital market operators, trade groups, and other stakeholders.

It serves as a pivotal platform for dialogue, facilitates the exchange of ideas, addresses key issues impacting market growth and organisation, and collaborates on shaping the market’s future.

The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.

The meeting is expected to draw CEOs from all registered capital market firms, including brokers/dealers, investment advisers, custodians, fund/portfolio managers, and more.

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.

Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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