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Home Economics

Former CBN Governor Urges Tech Companies to Utilize Capital Market

Rate Captain by Rate Captain
December 1, 2021
in Economics, Markets
Reading Time: 1 min read
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Muhammed Sanusi, Former Central Bank of Nigeria Governor has urged technology companies and techpreneurs to use the capital market in Nigeria to generate its capital.

Lamido Sanusi  disclosed this during the Nigerian Exchange Limited (NGX) Capital Markets Conference. He further assured that the capital market is till an operable alternative for national growth.

He stated that utilizing the Public Private Partnership (PPP) to reinforce the capital market is of paramount importance to execute capital projects.

Lamido words , “we must rise to the challenge by collaborating with the capital market where good funds could be sourced to create jobs and expand the nation’s economy”.

In his address, Vice President, Prof. Yemi Osinbajo urged the NGX to focus and leverage new players (investors) in the industry. These new players he said are capable of creating new opportunities.

He also challenged the NGX to assist in the promotion of technology in its operation that will stand the test of time in the globalized world

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