️ NGX Group is Transforming Nigeria’s Capital Market through Strategic Partnerships
What’s the news about?
The Nigerian Exchange Group (NGX Group), led by Temi Popoola, is taking big steps to transform Nigeria’s capital market. They’re partnering with both local and international organizations to make the market more transparent, inclusive, and innovative.
Key Highlights:
1. Collaborating to Attract Investors:
NGX Group is working with regulators, financial institutions, and global players like JP Morgan to make Nigeria a more attractive destination for investors. A recent event at Nasdaq in New York helped showcase reforms in Nigeria and gave investors confidence in the country.
2. Learning from Other Countries:
In India, where millions invest through mobile apps, NGX studied how to simplify investing. In South Africa, they are partnering with the Johannesburg Stock Exchange to explore pan-African market connections and green finance.
3. Launch of NGX Invest – A Game Changer:
They created NGX Invest, a mobile-friendly platform that makes it easy for people—especially young Nigerians—to invest. Over ₦2 trillion has already been raised through it, helping banks meet new capital requirements.
4. Four Main Goals Driving Change:
NGX’s transformation agenda is built on:
• Digitalisation (making things tech-based and easier),
• Global Integration (connecting with other markets),
• Financial Inclusion (getting more Nigerians to invest), and
• Sustainability (supporting long-term, responsible growth).
5. Encouraging Private Investments:
NGX is not just focused on public companies. They’re also creating opportunities for private businesses to raise money, helping to balance the recent trend of companies delisting from the stock exchange.
6. Support and Vision:
The NGX board and shareholders are fully backing this transformation. Chairman Alhaji (Dr.) Umaru Kwairanga praised the team’s unity and vision at the last AGM. Popoola added that NGX is positioning itself as a gateway for all types of capital—public and private.
Why This Matters:
These efforts aim to deepen the Nigerian capital market, attract more investors (especially the younger generation), and strengthen Nigeria’s position in the global investment landscape. It’s a big step toward making the market more resilient and future-ready.
What’s the news about?
The Nigerian Exchange Group (NGX Group), led by Temi Popoola, is taking big steps to transform Nigeria’s capital market. They’re partnering with both local and international organizations to make the market more transparent, inclusive, and innovative.
Key Highlights:
1. Collaborating to Attract Investors:
NGX Group is working with regulators, financial institutions, and global players like JP Morgan to make Nigeria a more attractive destination for investors. A recent event at Nasdaq in New York helped showcase reforms in Nigeria and gave investors confidence in the country.
2. Learning from Other Countries:
In India, where millions invest through mobile apps, NGX studied how to simplify investing. In South Africa, they are partnering with the Johannesburg Stock Exchange to explore pan-African market connections and green finance.
3. Launch of NGX Invest – A Game Changer:
They created NGX Invest, a mobile-friendly platform that makes it easy for people—especially young Nigerians—to invest. Over ₦2 trillion has already been raised through it, helping banks meet new capital requirements.
4. Four Main Goals Driving Change:
NGX’s transformation agenda is built on:
• Digitalisation (making things tech-based and easier),
• Global Integration (connecting with other markets),
• Financial Inclusion (getting more Nigerians to invest), and
• Sustainability (supporting long-term, responsible growth).
5. Encouraging Private Investments:
NGX is not just focused on public companies. They’re also creating opportunities for private businesses to raise money, helping to balance the recent trend of companies delisting from the stock exchange.
6. Support and Vision:
The NGX board and shareholders are fully backing this transformation. Chairman Alhaji (Dr.) Umaru Kwairanga praised the team’s unity and vision at the last AGM. Popoola added that NGX is positioning itself as a gateway for all types of capital—public and private.
Why This Matters:
These efforts aim to deepen the Nigerian capital market, attract more investors (especially the younger generation), and strengthen Nigeria’s position in the global investment landscape. It’s a big step toward making the market more resilient and future-ready.