*The British High Commission, in Nigeria, says the new roadmap, developed with support from FSD Africa and the UK Government, aims to mobilise investment, deepen financial markets, and strengthen the country’s position as a regional financial hub
Isola Moses | ConsumerConnect
Nigeria has launched a 10-year roadmap to deepen its capital markets, mobilise domestic and international investment, as well as support its ambition to build a US$1 trillion economy by 2030.
The West African country has also launched a national savings plan.
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The Nigeria Capital Market Masterplan 2.0, covering 2026 to 2036, sets out reforms to create a more diverse, efficient and transparent market and strengthen Nigeria’s position as a regional financial hub.
ConsumerConnect reports Nigerian Vice-President Kashim Shettima, GCON, alongside Mr. Taiwo Oyedele, Honourable Minister for Finance and Coordinating Minister of the Economy, Peter Vowles, the United Kingdom (UK) High Commissioner to Nigeria, and Mark Napier, CEO of FSD Africa, launched the plans, in Abuja, FCT.
Nigeria’s Securities and Exchange Commission (SEC) developed the Masterplan with technical support from FSD Africa funded by the UK Government.
Ndidiamaka Eze, Senior Press & Public Affairs Officer, Communications Lead, Growth, Trade and Investment, Nigeria Network Monday, October 19, 2026, also stated that their support enabled the engagement of a consortium, led by Genesis Analytics and Bourse Consult, to support the development of the roadmap and its implementation framework.
Economic reforms and regulatory empowerment, by SEC Nigeria
Speaking at the event Dr. Emomotimi Agama, Director-General of SEC Nigeria, hailed the masterplan as one that would help the country to deepen its Capital markets to the scale needed to finance the Nigeria’s ambitious economic goals.
Dr. Agama stated: “Every great economy has, at its heart, a Capital market that turns the savings of ordinary people into the factories, roads, homes and businesses that create jobs.
“Nigeria has the people, the enterprise and the ambition. What we are now building is a market to match them.”
Emphasising the historic alignment of economic reforms and regulatory empowerment, the Director-General of SEC Nigeria also noted that the Master Plan was deliberately launched alongside the National Savings Scheme to harness home-grown resources for national development.
“Savings are the raw material of investment, and a nation that saves through its own capital market builds with its own resources,” stated he.
The BHC, in the statement further noted Pete Vowles, British High Commissioner to Nigeria, represented by Paul Healey, Head of Green Growth and Private Sector Development of the Commission, said: “The UK is proud to have funded FSD Africa’s support for the development of Nigeria’s Capital Markets Masterplan 2.0.
“This ambitious, Nigerian-led reform will help mobilise more domestic and international investment and connect capital with commercial opportunities in businesses and infrastructure.”
The High Commissioner stated: “Our support forms part of the wider UK and Nigeria’s Strategic Partnership, which has growth and jobs at its heart.
“By strengthening Nigeria’s Capital markets and deepening links between our financial sectors, we can create new opportunities for investment, jobs and shared prosperity in both our countries.”
In his remarks, Mark Napier, CEO of FSD Africa lauded the master plan as key in guiding Nigeria’s ambitions to deepen her capital markets for greater growth and job creation.
Napier said: “Our support for Nigeria’s new Masterplan is grounded in the principle that capital markets need to work for the wider economy.
“With its scale and regional importance, Nigeria has a significant opportunity to mobilise more domestic and international capital towards businesses, infrastructure and sustainable growth.”
He also noted: “We have seen how sustained capital market development can help create conditions for greater capital mobilisation.
“In Zambia and Ethiopia, our support to strengthen the country’s financial market architecture and address key regulatory and market constraints, helped lay the foundations for greater capital mobilisation, including into sectors such as renewable energy.”
The UK Mission said FSD Africa’s support had focused on strengthening the link between capital-market development and Nigeria’s wider economic priorities, including infrastructure, SME growth, financial inclusion and sustainable development.
NCMMP 2.0 seeks to position capital markets as a driver of wider economic transformation, helping to channel long-term capital towards national priorities including infrastructure, energy, climate resilience, SMEs, financial inclusion and job creation.
According to BHC, to support these ambitions, proposed reforms include measures making it easier for businesses and state governments to raise capital, expand retail and diaspora participation, attract more foreign institutional investors, strengthen sustainable finance, and support the development of digital and tokenised assets.
The Masterplan is structured around five pillars covering regulatory clarity and enforcement, modernising market infrastructure, broadening the range of issuers and financial instruments, diversifying the investor base, and strengthening institutional and professional capacity.
The UK Mission explained that each pillar is supported by a sequenced implementation plan with clear ownership, timelines and measures of success.
It also builds on lessons from the previous Capital Market Masterplan, which supported a number of significant reforms while leaving areas for further progress.
The earlier plan achieved an overall activity completion rate of 63 percent, with financial inclusion, regional integration, sustainable finance and the mobilisation of capital to priority sectors among the areas identified for continued progress.
The Masterplan also sets out ambitions to strengthen Nigeria’s regional role through greater cooperation with other African markets, cross-border capital raising and listing frameworks, and closer alignment with initiatives under the African Continental Free Trade Area.
The British High Commission Nigeria represents the UK Government in Nigeria and works to advance the UK-Nigeria Strategic Partnership, a framework that deepens cooperation between both countries across economic growth, trade and investment, governance, security, climate, education, healthcare, innovation, security cooperation and diplomatic engagement.
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