The Securities and Exchange Commission (SEC) has guaranteed investors that their investments will be safe as financial technology (Fintech) continues to reshape Nigeria’s investment landscape.

Hasfat Rufai, the Director of Registration, Exchanges, and Market Infrastructure at the SEC, said the Commission is highly committed to mitigating risks posed by technological disruptions.

She stated: “While these trends bring new opportunities, they also come with challenges, particularly around regulation and investor protection."

She also continued that the rise of digital platforms, global market access, and increased interest in cryptocurrencies and start-ups have changed traditional investment practices in Nigeria.

“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,” she explained.

Rufai noted that the future of investments would be driven by advancements in technology, the involvement of young investors, and innovative financial products.

To make better its regulatory capabilities, the SEC has partnered with the Toronto Centre to enhance its Risk-Based Supervision (RBS) framework.

This aims to improve the Commission’s supervision of market infrastructure and operators, ensuring better protection for investors.