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Securities and Exchange Commission unveils Capital Market Masterplan 2.0 targeting a ₦750 trillion market valuation by 2036.
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Ten-year strategy pairs a National Savings Scheme with domestic pension assets to fund critical industrial infrastructure.
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Combined Nigerian equities and bond markets cross ₦217 trillion following rapid post-reform index expansion.
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Analysts warn that structural inflation and currency instability threaten the real returns required to mobilise domestic retail savings.
October 27, (THEWILL) – The Securities and Exchange Commission officially rolled out the Capital Market Masterplan 2.0, a ten-year regulatory roadmap running through 2036 designed to overhaul Nigeria’s asset formation framework.
Unveiled during the national capital market conference, the blueprint establishes a formal strategy to scale total market capitalisation from its baseline toward ₦750 trillion, anchoring economic growth in local savings rather than volatile foreign portfolio inflows.
The policy framework arrives as combined Nigerian equities and bond markets exceed ₦217 trillion, driven by a sharp rise in the All-Share Index and accelerated post-reform corporate listings.
Authorities intend to leverage this momentum to transition the financial system from short-term bank financing to long-term capital market underwriting.
Mobilising Domestic Savings Amid Macroeconomic Pressures
The core mechanism of the new masterplan centers on the National Savings Scheme, designed to aggregate retail savings, pension funds, and insurance assets into productive infrastructure projects.
Emomotimi Agama, Director-General of the Securities and Exchange Commission, emphasized that sustainable economic expansion requires turning household capital into corporate equity and municipal debt instruments.
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Financial market analysts caution that executing a decade-long capital expansion strategy requires overcoming entrenched macroeconomic hurdles.
Persistent inflation consistently erodes the purchasing power of ordinary savers, while foreign exchange volatility complicates long-term asset pricing.
Attracting millions of unserved retail investors depends entirely on whether the market can deliver positive real yields that outpace inflation.
Success relies on maintaining secondary market liquidity, enforcing strict corporate governance, and shielding domestic investors from severe currency devaluation over the ten-year horizon.
Joy Onuorah is a business journalist and brand communications specialist covering financial markets, artificial intelligence, digital economy, and the ideas reshaping business across Africa and the global market. Beyond her reporting for TheWill, Joy uses brand strategy, storytelling, copywriting, and high-value SEO to help brands build lasting market authority.
