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.
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.
