RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

NGX and FG Advocate for Robust Capital Formation Strategies

Jide Omodele by Jide Omodele
July 23, 2025
in Business, Economy, Money Market
Reading Time: 2 mins read
A A
0
NGX records N318.52bn of listings in Q1 2023.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

At the 2025 Chartered Institute of Stockbrokers (CIS) National Workshop held at the Presidential Villa, market leaders, regulators, and government officials emphasized the need for collaborative efforts to bolster Nigeria’s capital market and drive economic growth through enhanced capital formation.

Temi Popoola, Group Managing Director and CEO of Nigerian Exchange Group Plc (NGX), called for unified action to position the capital market as a cornerstone for mobilizing long-term funding to support Nigeria’s goal of achieving a $1 trillion economy. He credited recent market gains to targeted reforms, improved economic conditions, and advanced market infrastructure, but stressed that sustained progress requires deeper cooperation among operators, regulators, and policymakers to strengthen industries and institutions.

AlsoRead

Naira Weakens at Official Market After Two-Day Advance

Trade Surplus More Than Doubles to N12.6 Trillion as Exports Climb

Nigeria Posts N12.60 Trillion Trade Surplus in Q2 2026 as Exports Outpace Imports

Popoola highlighted the success of NGX Invest, a platform that has streamlined access for investors and issuers, facilitating over N2 trillion in primary market transactions. “This demonstrates the potential when stakeholders align to foster market confidence,” he said.

Umaru Kwairanga, Chairman of NGX Group, underscored the market’s critical role in funding infrastructure, supporting businesses, and attracting investments, urging alignment with Nigeria’s broader economic objectives. Similarly, Oluropo Dada, President and Chairman of CIS, reaffirmed the institute’s dedication to promoting professionalism and integrity to boost investor trust and market participation.

Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), emphasized that capital formation is a core component of the SEC’s mission. Meanwhile, Doris Anite, Minister of State for Finance, advocated for urgent measures to improve access to long-term capital, enhance investor confidence, and strengthen ties between the capital market and the real economy.

Tope Fasua, Special Adviser to the President on Economic Affairs, representing the Vice President, called for continued innovation, policy advocacy, and ethical practices to maintain the market’s momentum. The collective push underscores a shared commitment to transforming Nigeria’s capital market into a vital engine for economic growth, with stakeholders urged to deepen structural reforms and foster investor-friendly frameworks.

Tags: NGX
Previous Post

CBN Maintains Interest Rates at 27.5% for Seventh Consecutive Meeting

Next Post

Senate Approves Tinubu’s $21.5 Billion Borrowing Plan for 2025-2026

Related News

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Weakens at Official Market After Two-Day Advance

by Jide Omodele
September 10, 2026
0

The naira recorded its first depreciation of the week in the official foreign exchange market, falling to N1,329.21 per dollar...

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Trade Surplus More Than Doubles to N12.6 Trillion as Exports Climb

by Victoria Attah
September 8, 2026
0

Nigeria’s merchandise trade surplus more than doubled to N12.60 trillion in the second quarter of 2026, driven by stronger exports...

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Nigeria Posts N12.60 Trillion Trade Surplus in Q2 2026 as Exports Outpace Imports

by Victoria Attah
September 8, 2026
0

Nigeria recorded a trade surplus of N12.60 trillion in the second quarter of 2026 after export earnings substantially exceeded imports,...

Experts Suggest Now Might Be the Ideal Time for Property Investment in the UK

How Regulatory Costs Approaching 30% Are Raising the Price of Housing in Lagos

by Victoria Attah
September 7, 2026
0

Last year a developer in Akoka, Yaba, began blockwork three weeks after receiving a Lagos State Physical Planning Permit Authority...

Next Post
FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Senate Approves Tinubu’s $21.5 Billion Borrowing Plan for 2025-2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

DMO offers two FGN savings bonds at N1000 per unit.

FG Offers N1 Trillion Bonds in September Auction with N50 Million Minimum

September 10, 2026
NMDPRA inaugurates oil and gas industry service permit portal.

Oil Prices Climb Above $100 as US-Iran Hostilities Escalate

September 10, 2026

Popular Story

  • CBN Urges Nigerian Tertiary Institutions to Embrace e-Naira for Transactions.

    eNaira Accounts for Less Than 1% of Circulating Currency

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Abuja BDC Operators Suspend Operations Due to Dollar Scarcity

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

    0 shares
    Share 0 Tweet 0
  • House of Representatives Recovers N521.77 Million Unremitted VAT from CBN

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>