The Securities and Exchange Commission (SEC) has secured a grant from the African Development Bank (AfDB) to deploy a state-of-the-art market surveillance system aimed at strengthening oversight of Nigeria’s capital market, while also retaining a 20 per cent revenue waiver approved by the Federal Government to sustain its regulatory operations. According to him, the initiative forms part of the SEC’s broader strategy to modernize market regulation and align Nigeria’s capital market with global standards. “The Commission has secured a grant from the African Development Bank to acquire a modern market surveillance system, which will be deployed this year. This will strengthen oversight of the capital market and ensure that our regulatory framework meets international standards,” Agama said. AdvertisementAgama emphasized that the Commission remains committed to improving operational efficiency while safeguarding market integrity, investor confidence, and sustainable growth of Nigeria’s capital market.