NGX Chairman Calls for Capital Market Collaboration Amid Economic Ambitions

The Nigerian Exchange Group chairman, Dr Umaru Kwairanga, has publicly called for stronger collaboration among capital market stakeholders to deepen Nigeria's capacity to mobilize long-term funding for economic development. This directive comes as the NGX Group chairman emphasized that exchanges, regulators, issuing houses, stockbrokers, investors, and other stakeholders must work more closely to build a deeper, more accessible, and efficient capital market. He argued that stronger collaboration, professionalism, and innovation are critical to expanding access to capital and strengthening the market's contribution to overall economic growth. The chairman noted that issuing houses had historically played an important role in connecting businesses and governments with sources of capital, a function that remains vital for the market's success. He encouraged the association to continue strengthening the standards of professionalism, innovation, and collaboration that have underpinned the NGX Group's contribution to the financial ecosystem. The anniversary of the AIHN should serve as a platform for preparing the market to respond to emerging opportunities and challenges facing the local

The NGX Group chairman stated that Nigeria's economic ambitions required a capital market capable of mobilizing long-term funding, directing capital to productive enterprises and broadening participation in wealth creation. He believed that the AIHN anniversary should serve as a platform for preparing the market to respond to emerging opportunities and challenges, ensuring the institution remains agile and ready for future economic shifts. Dr Umaru Kwairanga highlighted that the NGX Group chairman's call for stronger collaboration among stakeholders is a direct response to the need for a more robust financial infrastructure. He emphasized that the NGX Group chairman's call for stronger collaboration among capital market stakeholders is a direct response to the need for a more robust financial infrastructure. The chairman's statement underscores the importance of a unified approach to capital mobilization, ensuring that the NGX Group chairman's call for stronger collaboration among capital market stakeholders is a direct response to the need for a more robust financial infrastructure. The chairman's statement underscores the importance of a unified approach to capital mobilization,