The Nigerian Exchange Ltd (NGX) is expected to welcome Vice President Professor Yemi Osinbajo at the inaugural Nigerian capital market conference scheduled for November 30.
NGX Chairman Abubakar Mahmoud revealed in a statement made available to the Nigeria News Agency (NAN) Tuesday in Lagos.
Mahmoud said the theme of the conference is: âThe Future-Ready Capital Market: Innovating for Nigeria’s Sustainable Recoveryâ.
He said the conference would bring together all stakeholders to share their ideas and broaden the thinking needed to increase capital flows through innovative sources of finance.
The president said the expected conference participants are policymakers, governments, financial experts, business leaders, investors, international development partners, regulators and other market players,
He said the conference has become imperative because the Nigerian capital market occupies a critical position in the economic growth and development of Nigeria and Africa.
âFollowing the successful demutualization of the Nigerian Stock Exchange (NSE), which saw the transition from NSE to Nigerian Exchange Group Plc with three wholly owned subsidiaries, NGX, NGX Regulation Ltd and NGX Real Estate Ltd.
âNGX is well positioned, as a more agile and responsive exchange, to chart the course for the next phase of growth.
“Through the Nigerian Capital Market Conference, we are taking a collaborative approach to ensure that we can continue to create value for participants in national, regional and international markets as their needs become more sophisticated.” , did he declare.
Mahmoud, however, welcomed Osinbajo’s acceptance to lead the conference as a keynote speaker and the support the capital market has received from the public and private sectors.
He also expressed high hopes in the insightful deliberations that would usher the market and the nation into a new era.
Also speaking, NGX Managing Director Mr. Temi Popoola stressed the importance of the capital market for economic growth and development.
âGiven the macroeconomic and fiscal challenges that prevail in our economy today, we see the capital market as a lever to stimulate the mobilization of savings and the creation of wealth and liquidity.
âAs a transformational exchange driving Nigeria’s sustainable economic recovery, NGX is strategically positioned to galvanize stakeholders to share actionable ideas and collaborate across sectors and industries to create opportunities to drive growth and development for all.
“We expect this inaugural edition of the Nigerian Capital Market Conference to be the first in a series of events that are catalyzing the capital market of the future,” Popoola said.
He said the on-site event will be held at Transcorp Hilton, Abuja, with an opportunity for online attendees to join via Zoom and YouTube which requires registration.
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