Capital Market Achieving Financial Inclusion For Nigerians – NGX CEO

November 15, 2021
Temi Popoola, the Chief Executive Officer of the NGX
Temi Popoola, the Chief Executive Officer of the NGX

Temi Popoola, the Chief Executive Officer of the Nigerian Exchange Limited (NGX), has disclosed that the capital market is achieving financial inclusion for Nigerians.

Popoola, who made this known in an interview with ThisDay Newspaper, said: “Capital market is crucial in achieving financial inclusion and wealth creation for Nigerians.

“The opportunity to lead the NGX has been a remarkable journey so far. With the demutualisation, we are strategically positioning the NGX for sustainable growth.

Join our WhatsApp Channel

“As we work towards creating a commercially agile and profit-driven institution responsible for building a resilient economy for the Nation, we have clear objectives to deepen the growth of the capital market and provide optimal returns for shareholders.

Speaking on objectives for the NGX and plan for driving the goals, he said: “The NGX has a few objectives that focus on leveraging technology and innovation to drive and promote wealth creation for investors and financial inclusion for Nigeria.

“The first objective for NGX is to democratise finance and make it easy for Nigerians to gain exposure to investments, which will be done through technology.

“The second objective is also related to technology, this time, with a lens to find ways for the exchange to position itself in the middle of the capital formation currently going on within the technology sector.

“The companies of the future are technology-driven,and this will indeed drive the types of companies that will list in the future.

“The opportunity to lead the NGX has been a remarkable journey so far. With the demutualisation, we are strategically positioning the NGX for sustainable growth.

“As we work towards creating a commercially agile and profit-driven institution responsible for building a resilient economy for the Nation, we have clear objectives to deepen the growth of the capital market and provide optimal returns for shareholders.

“I believe that these objectives are motivators and give real purpose to ensuring that the capital market is crucial in achieving financial inclusion and wealth creation for Nigerians.”

 

+ posts

Latest from Business

Investors Reposition As U.S. Shutdown Begins

The global response is telling. Asian and European markets are showing mixed signals. Gold has surged to a record above $3,870 an ounce, and the US dollar is weaker, signalling a loss of some safe-haven status.
FBN Holdings MD designate, Nnamdi Okonkwo Not in EFCC custody
Previous Story

FBN Holdings MD Okonkwo Not In EFCC Custody

AfDB
Next Story

AfDB Calls For Investments In Health Infrastructure From Private Sector

Don't Miss

Graduates of SAP Young Professionals Program paving way to Africa’s digital future

Grace Githinji a young Kenyan graduate completed the SAP Young

I’m Not Afraid Of Treason Charges – Sowore

Presidential candidate of the African Action Congress (AAC) in the