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 Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

Larger Disparities Boom Between Black Market and Official Rates

Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

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

Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

by Akpan Edidong
February 5, 2026
0

Nigeria’s naira has strengthened markedly in the official foreign exchange market, closing January at N1,386.55 per US dollar  its firmest...

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Larger Disparities Boom Between Black Market and Official Rates

by Stephen Akudike
February 5, 2026
0

The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed...

U.S. Steps In on Emefiele Trial, Alleges Human Rights Violations

Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

by Victoria Attah
February 5, 2026
0

A 2022 memo from former Central Bank of Nigeria (CBN) Governor Godwin Emefiele seeking presidential approval for the controversial naira...

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

Government Securities Now 11% of Nigerian Banks’ Assets as Credit Growth Lags

by Stephen Akudike
February 4, 2026
0

Nigerian banks’ exposure to government securities has risen sharply in recent years, now accounting for approximately 11% of their total...

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

Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

February 5, 2026
Naira Surges Against US Dollar, Falls Below N1,000 Mark

Larger Disparities Boom Between Black Market and Official Rates

February 5, 2026

Popular Story

  • Nigeria’s Opportunity: Navigating Global Oil Surge Amid Libya’s Top Oilfield Disruption

    Oil Prices Surge Above Nigeria’s Budget Benchmark, Lifting Naira and Reserves

    0 shares
    Share 0 Tweet 0
  • Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

    0 shares
    Share 0 Tweet 0
  • Government Securities Now 11% of Nigerian Banks’ Assets as Credit Growth Lags

    0 shares
    Share 0 Tweet 0
  • Larger Disparities Boom Between Black Market and Official Rates

    0 shares
    Share 0 Tweet 0
  • Manufacturers and Employers Warn N400 Billion Investments at Risk from Sachet Alcohol Ban

    0 shares
    Share 0 Tweet 0
RateCaptain

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}
?>